Report
EUR 14.40 For Business Accounts Only

With a more favourable environment, PIONEER FOOD GROUP LTD. improves to Positive

PIONEER FOOD GROUP LTD. (ZA), a company active in the Food Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 6, 2020, the closing price was ZAR 109.60 and its potential was estimated at ZAR 131.93.
Underlying
Pioneer Food Group Limited

Pioneer Food Group is a Fast Moving Consumer Goods (FMCG) group based in South Africa. Co. is engaged in the manufacturing of food, beverages and related products for human and animal consumption. Co.'s operations are organized along three main divisions: Essential Foods (wheat and maize products, trades in rice, beans, lentils and dried vegetables); Groceries (cereals, rusks, biscuits, cake mixes, baking aids, instant mash potato, dried fruit products, nuts, spreads, dehydrated vegetables, salads, fruit juices, carbonated soft drinks and fruit concentrate mixture); and Pioneer Foods (tomato sauces and ketchup, frozen foods, seafood tinned products, tinned food, instant meals and noodles).

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TheScreener
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