Brokerages Set Maple Leaf Foods Inc. (MFI) PT at $32.17
Maple Leaf Foods Inc. (TSE:MFI) has earned an average rating of “Buy” from the six brokerages that are currently covering the company. One investment analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$32.17.
A number of research firms recently weighed in on MFI. TD Securities increased their price objective on Maple Leaf Foods from C$33.00 to C$35.00 and gave the company a “buy” rating in a report on Tuesday, August 2nd. Scotiabank increased their price target on Maple Leaf Foods from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a report on Friday, July 29th. CIBC increased their price target on Maple Leaf Foods from C$33.00 to C$34.00 in a report on Friday, July 29th. BMO Capital Markets increased their price target on Maple Leaf Foods from C$28.00 to C$31.00 in a report on Friday, July 29th. Finally, Royal Bank Of Canada increased their price target on Maple Leaf Foods from C$32.00 to C$33.00 and gave the stock a “sector perform” rating in a report on Monday, July 11th.
Shares of Maple Leaf Foods (TSE:MFI) opened at 30.76 on Tuesday. Maple Leaf Foods has a 52-week low of $19.51 and a 52-week high of $30.99. The firm has a market cap of $4.13 billion and a P/E ratio of 34.52. The company has a 50 day moving average price of $29.53 and a 200-day moving average price of $28.63.
About Maple Leaf Foods
Maple Leaf Foods Inc is a Canada-based consumer protein company. The Company offers products under various brands, which include Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals and Mina. The Company operates through two segments: Meat Products Group and Agribusiness Group.
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