MTY Food Group (TSE:MTY) Price Target Raised to C$46.00

MTY Food Group (TSE:MTY) had its target price lifted by Scotiabank from C$41.00 to C$46.00 in a research report sent to investors on Friday,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the stock.

Separately, Raymond James Financial reduced their price objective on MTY Food Group from C$50.00 to C$44.00 in a research note on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$47.33.

MTY Food Group Trading Down 1.6%

Shares of MTY stock opened at C$43.14 on Friday. MTY Food Group has a 1-year low of C$32.92 and a 1-year high of C$46.36. The firm’s 50-day simple moving average is C$40.58 and its 200-day simple moving average is C$38.30. The firm has a market cap of C$985.36 million, a P/E ratio of 29.15, a PEG ratio of 0.75 and a beta of 1.12. The company has a debt-to-equity ratio of 142.67, a current ratio of 0.61 and a quick ratio of 0.57.

MTY Food Group News Summary

Here are the key news stories impacting MTY Food Group this week:

• Positive Sentiment: Multiple brokerages raised price targets and reiterated/maintained neutral-to-positive ratings, signaling improved analyst confidence (Raymond James to C$46, TD Securities to C$45, National Bank Financial to C$49, Scotiabank to C$46, RBC to C$48). This cluster of hikes supports upside expectations and likely helped buying interest. Analyst Ratings
• Positive Sentiment: MTY reported a return to quarterly profit versus a loss a year earlier — a fundamental improvement that supports the raised targets and reduces near-term earnings risk. G&M: Q4 Profit
• Neutral Sentiment: Company press release / detailed Q4 results provide the underlying financials and metrics investors will parse for sustainability of profit recovery. Useful for modeling but largely confirmatory to the Globe & Mail coverage. Q4 Results Release
• Neutral Sentiment: Earnings call transcript is available for color on margins, same-store sales, and guidance — important for assessing whether profit improvement is durable but not a standalone catalyst. Earnings Call Transcript
• Negative Sentiment: Management warned brands are “walking a fine line” with discounts as consumers hunt deals, highlighting potential margin compression if promotional activity increases — a near-term risk to profitability and a reason some investors may remain cautious. Discounting / Margin Risk

MTY Food Group Company Profile

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.