MTY Food Group (MTY) Price Target Lowered to C$55.00 at TD Securities
MTY Food Group (TSE:MTY) had its price objective trimmed by TD Securities from C$60.00 to C$55.00 in a research note published on Monday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.
MTY has been the subject of a number of other reports. Laurentian reduced their price target on shares of MTY Food Group from C$65.00 to C$60.00 in a report on Saturday. National Bank Financial reissued an outperform rating and issued a C$70.00 price target on shares of MTY Food Group in a report on Friday, January 18th.
TSE MTY opened at C$54.92 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 43.70. The firm has a market cap of $1.36 billion and a P/E ratio of 13.53. MTY Food Group has a 1 year low of C$44.97 and a 1 year high of C$73.19.
MTY Food Group Company Profile
MTY Food Group Inc franchises and operates quick-service restaurants in Canada and internationally. It also operates a distribution center and a food processing plant. As of November 30, 2017, the company had 5,469 locations comprising 5,402 franchised and 67 company operated locations. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.
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