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 (TSE:MTY) last issued its quarterly earnings results on Thursday, April 11th. The company reported C$0.58 earnings per share for the quarter. The company had revenue of C$107.30 million during the quarter. On average, equities research analysts expect that MTY Food Group will post 3.15999978263114 earnings per share for the current year.

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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