Maple Leaf Foods Inc. (MFI) Receives C$32.67 Consensus Target Price from Brokerages
Shares of Maple Leaf Foods Inc. (TSE:MFI) have earned an average rating of “Buy” from the six brokerages that are currently covering the stock. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$32.67.
A number of research firms recently issued reports on MFI. CIBC raised their price target on Maple Leaf Foods from C$33.00 to C$34.00 in a research note on Friday, July 29th. Scotiabank raised their price target on Maple Leaf Foods from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Friday, July 29th. TD Securities raised their price target on Maple Leaf Foods from C$33.00 to C$35.00 and gave the stock a “buy” rating in a research note on Tuesday, August 2nd. BMO Capital Markets raised their price target on Maple Leaf Foods from C$28.00 to C$31.00 in a research note on Friday, July 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a C$34.00 price target on shares of Maple Leaf Foods in a research note on Thursday, November 3rd.
Shares of Maple Leaf Foods (TSE:MFI) opened at 28.92 on Tuesday. The company’s 50 day moving average price is $29.96 and its 200-day moving average price is $29.19. The firm has a market cap of $3.88 billion and a P/E ratio of 29.12. Maple Leaf Foods has a 12-month low of $20.69 and a 12-month high of $31.59.
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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