RBC Capital analyst Nik Modi maintained a Buy rating on Primo Water (PRMW – Research Report) yesterday and set a price target of $19.00. The company’s shares closed yesterday at $13.11.
According to TipRanks, Modi is a 5-star analyst with an average return of 6.4% and a 58.32% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Clorox, General Mills, and Campbell Soup.
Primo Water has an analyst consensus of Strong Buy, with a price target consensus of $21.33.
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PRMW market cap is currently $2.09B and has a P/E ratio of 24.53.
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Primo Water (PRMW) Company Description:
Primo Water Corp. engages in the manufacture, process, and distribution of beverages. It operates through the following business segments: Route Based Services; Coffee, Tea, and Extract Solutions; and All Other. The Route Based Services segment includes Aquaterra and Eden businesses. The Coffee, Tea, and Extract Solutions segment relates to the S&D business. The All Other segment manufactures, repacks, and markets carbonated soft drinks in Europe. The All Other segment focuses on Aimia, Decantae, and RCI concentrate businesses, Columbus, Georgia manufacturing facility, and other miscellaneous expenses. The company was founded in 1955 and is headquartered in Mississauga, Canada.
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