Maple Leaf Foods (TSE:MFI – Get Free Report) received a C$29.00 target price from equities research analysts at National Bankshares in a report issued on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective points to a potential upside of 23.30% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Scotiabank reduced their price objective on shares of Maple Leaf Foods from C$37.50 to C$33.50 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. CIBC reduced their price target on Maple Leaf Foods from C$36.00 to C$32.00 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. Canaccord Genuity Group decreased their price objective on Maple Leaf Foods from C$35.00 to C$30.00 and set a “buy” rating on the stock in a report on Friday, February 23rd. TD Securities lowered Maple Leaf Foods from an “action list buy” rating to a “buy” rating and dropped their target price for the company from C$40.00 to C$31.00 in a research note on Friday, February 23rd. Finally, Royal Bank of Canada decreased their price target on Maple Leaf Foods from C$32.00 to C$29.00 and set an “outperform” rating on the stock in a research note on Friday, February 23rd. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$30.50.
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Maple Leaf Foods Price Performance
Maple Leaf Foods (TSE:MFI – Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C$0.08 EPS for the quarter. The firm had revenue of C$1.19 billion during the quarter. Maple Leaf Foods had a negative return on equity of 7.86% and a negative net margin of 2.57%. As a group, equities analysts anticipate that Maple Leaf Foods will post 0.9354965 EPS for the current fiscal year.
Maple Leaf Foods Company Profile
Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It 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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