This purchase was made at a price of £1.70 per share, totaling £4,250. This transaction represents a significant move for Elliott, who is a seasoned investor with a long history of successful investments in the food industry. Tim Elliott’s recent purchase of Premier Foods shares is a noteworthy event for several reasons. First, it signals a strong belief in the company’s future prospects.

The analysts at Shore Capital have set a new price target of £1.50 per share for Premier Foods. This new target represents a 10% increase from the previous target of £1.40 per share. The analysts at Shore Capital believe that Premier Foods is undervalued and that its shares are poised for growth.

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