Primo Brands Corporation (US) traded at $21.87 this Thursday March 5th, decreasing $0.78 or 3.44 percent since the previous trading session. Looking back, over the last four weeks, Primo Brands Corporation (US) lost 11.41 percent. Over the last 12 months, its price fell by 32.46 percent. Looking ahead, we forecast Primo Brands Corporation (US) to be priced at 21.99 by the end of this quarter and at 20.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Primo Brands Corporation, formerly Primo Water Corporation, is a Canada-based water solutions provider. The Company operates in home and office delivery industry for bottled water. Its subsidiaries include DS Services, Eden Springs and Aimia Foods. DS Services bottled water products are sold under the brand names, including Alhambra, Athena water, Belmont Springs, Crystal Springs, Deep Rock, Hinckley Springs and Kentwood Springs. Eden Springs is a provider of workplace drink solutions in Europe. Eden Springs solutions include a range of bottle-fed water coolers, plumbed-in water coolers and small pack bottles as well as hot beverages solutions. Aimia Foods produces and distributes powdered beverages as private label products for retailers, coffee shops, restaurants and other foodservice operators. Under the Primo brand, the Company offers water dispensers, purified bottled water, and self-service refill drinking water in the United States and Canada.