MTY Food Group (TSE:MTY) Price Target Raised to C$55.00 at National Bankshares
MTY Food Group (TSE:MTY) had its price objective raised by National Bankshares from C$52.00 to C$55.00 in a research report sent to investors on Wednesday morning, PriceTargets.com reports. National Bankshares currently has an outperform rating on the stock.
Several other equities research analysts also recently commented on the company. CIBC reiterated an outperform rating and set a C$63.00 target price on shares of MTY Food Group in a report on Tuesday. Scotiabank lifted their price objective on MTY Food Group from C$47.00 to C$50.00 in a report on Friday, February 19th. Raymond James lifted their price objective on MTY Food Group from C$44.00 to C$47.00 and gave the stock a market perform rating in a report on Friday, February 19th. National Bank Financial dropped their price objective on MTY Food Group from C$57.00 to C$52.00 and set a sector perform rating on the stock in a report on Friday, February 19th. Finally, TD Securities lifted their price objective on MTY Food Group from C$45.00 to C$56.00 and gave the stock a hold rating in a report on Friday, January 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. MTY Food Group presently has a consensus rating of Hold and an average target price of C$52.86.
Shares of TSE:MTY opened at C$55.61 on Wednesday. The company has a market cap of C$1.37 billion and a P/E ratio of -37.07. The company has a debt-to-equity ratio of 174.98, a quick ratio of 0.52 and a current ratio of 0.57. MTY Food Group has a one year low of C$17.03 and a one year high of C$58.87. The business’s 50-day simple moving average is C$53.43 and its 200 day simple moving average is C$49.17.
MTY Food Group Company Profile
MTY Food Group Inc franchises and operates quick service, fast casual, and casual dining restaurants in Canada, the United States, and internationally. The company franchises and operates corporate-owned locations in the quick service restaurant and casual dining segments of the restaurant industry; and sells retail products under a multitude of banners.
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