TD Securities Increases Pizza Pizza Royalty Corp (PZA) Price Target to C$18.50
Pizza Pizza Royalty Corp (TSE:PZA) had its target price upped by TD Securities from C$14.50 to C$18.50 in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 18.14% from the stock’s current price.
Pizza Pizza Royalty Corp (TSE:PZA) opened at 15.66 on Friday. The firm’s 50-day moving average is $15.32 and its 200 day moving average is $14.77. Pizza Pizza Royalty Corp has a 12 month low of $12.20 and a 12 month high of $16.17. The stock has a market capitalization of $484.22 million and a P/E ratio of 18.19.
Pizza Pizza Royalty Corp Company Profile
Pizza Pizza Royalty Corp. owns the trademarks and trade names used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants. PPL operates its Pizza Pizza Restaurants as franchise oriented restaurants and Pizza 73 Restaurants are owned, and operated as independent businesses. It operates through receipt of royalty income from the ownership of the Pizza Pizza and Pizza 73 Rights and Marks segment.
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