Impact of Brokerage Rating on Pinnacle Foods, Inc.(PF)

Many Pinnacle Foods, Inc.(PF) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Pinnacle Foods Inc was Initiated by Piper Jaffray to Overweight on Jan 9, 2017. Pinnacle Foods Inc was Initiated by JP Morgan to Overweight on Dec 15, 2016.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Michael J. Barkley (EVP, CMO) sold 10,000 shares at 55.09 per share price.On Nov 15, 2016, Mark A. Clouse (CEO) purchased 10,000 shares at 47.64 per share price.On Nov 9, 2016, Craig D. Steeneck (EVP, CFO) sold 25,000 shares at 52.24 per share price.

Pinnacle Foods Inc Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.53 EPS for the quarter. Analyst had a consensus estimate of $0.53. The company had revenue of $758.80 million for the quarter, compared to analysts expectations of $772.56 million. The companys revenue was up 19.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Pinnacle Foods, Inc. (NYSE:PF) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.55 by 11 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Pinnacle Foods, Inc. (NYSE:PF): The mean estimate for the short term price target for Pinnacle Foods, Inc. (NYSE:PF) stands at $55.82 according to 11 Analysts. The higher price target estimate for the stock has been calculated at $60 while the lower price target estimate is at $49.

Pinnacle Foods, Inc. (NYSE:PF) rose 0.42% or 0.23 points on Tuesday and made its way into the gainers of the day. After trading began at $54.41 the stock was seen hitting $54.67 as a peak level and $53.76 as the lowest level. The stock ended up at $54.66. The daily volume was measured at 653,732 shares. The 52-week high of the share price is $55.36 and the 52-week low is $40.01. The company has a market cap of $6,454 million.

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products primarily in North America. The Company operates through three segments: the Birds Eye Frozen Division(R), the Duncan Hines Grocery Division(R) and the Specialty Foods Division(R). It also manufactures and distributes canned meat, shelf-stable pickles and frozen seafood. The Company sells its products through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centres, convenience stores, dollar stores, drug stores and warehouse clubs. Pinnacle Foods Inc. is headquartered in Parsippany, New Jersey.

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