Maple Leaf Foods (MFI) Price Target Increased to C$38.00 by Analysts at Royal Bank of Canada
Maple Leaf Foods (TSE:MFI) had its price objective raised by analysts at Royal Bank of Canada from C$37.00 to C$38.00 in a report issued on Friday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 7.65% from the company’s previous close.
Separately, Scotiabank lowered shares of Maple Leaf Foods from an “outperform” rating to a “sector perform” rating and set a C$37.50 price objective for the company. in a research note on Friday, October 13th.
Shares of Maple Leaf Foods (TSE MFI) traded up C$0.06 on Friday, hitting C$35.30. 151,495 shares of the stock were exchanged, compared to its average volume of 134,920. The stock has a market capitalization of $4,530.00, a price-to-earnings ratio of 26.15 and a beta of 0.56. Maple Leaf Foods has a 1 year low of C$27.66 and a 1 year high of C$37.08.
About Maple Leaf Foods
Maple Leaf Foods Inc is a Canada-based consumer protein company that processes and produces value-added prepared meats, lunch kits snacks, and value-added fresh pork and poultry products sold under flagship Canadian brands such as Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina and Devour.
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