Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Receives Average Rating of “Buy” from Analysts

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has been given an average recommendation of “Buy” by the six analysts that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy rating.

A number of equities analysts have issued reports on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Finally, Desjardins started coverage on Maple Leaf Foods in a report on Tuesday. They set a “buy” rating on the stock.

Maple Leaf Foods Stock Performance

Maple Leaf Foods stock traded down $0.17 during mid-day trading on Tuesday, hitting $20.98. The company’s stock had a trading volume of 7,549 shares, compared to its average volume of 24,889. The business has a 50 day moving average price of $21.42 and a 200-day moving average price of $19.69. Maple Leaf Foods has a 12 month low of $16.68 and a 12 month high of $26.13.

Maple Leaf Foods Company Profile

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.