Maple Leaf Foods Inc. (TSE:MFI) Senior Officer Andreas Liris Purchases 1,700 Shares

Maple Leaf Foods Inc. (TSE:MFIGet Free Report) Senior Officer Andreas Liris purchased 1,700 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was purchased at an average cost of C$30.19 per share, for a total transaction of C$51,323.00.

Maple Leaf Foods Stock Performance

Shares of TSE MFI opened at C$25.96 on Monday. Maple Leaf Foods Inc. has a 52-week low of C$22.73 and a 52-week high of C$31.63. The company has a quick ratio of 0.54, a current ratio of 1.15 and a debt-to-equity ratio of 138.97. The firm’s 50-day moving average price is C$25.54 and its 200-day moving average price is C$26.52. The company has a market cap of C$3.18 billion, a PE ratio of -20.12, a PEG ratio of 18.07 and a beta of 0.49.

Maple Leaf Foods Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 29th were paid a $0.21 dividend. The ex-dividend date was Thursday, December 7th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.24%. Maple Leaf Foods’s dividend payout ratio (DPR) is currently -65.12%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. CIBC dropped their target price on shares of Maple Leaf Foods from C$37.00 to C$36.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Canaccord Genuity Group lowered their price target on Maple Leaf Foods from C$39.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. BMO Capital Markets cut their price objective on shares of Maple Leaf Foods from C$33.00 to C$31.00 in a research report on Monday, November 6th. Scotiabank decreased their target price on shares of Maple Leaf Foods from C$37.00 to C$36.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Finally, Royal Bank of Canada cut their price target on shares of Maple Leaf Foods from C$36.00 to C$32.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$33.86.

Read Our Latest Stock Report on MFI

Maple Leaf Foods Company Profile

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Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.

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