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

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has been assigned an average rating of “Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation.

MLFNF has been the topic of several recent research reports. Desjardins assumed coverage on shares of Maple Leaf Foods in a research report on Tuesday, May 26th. They issued a “buy” rating on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Scotiabank reissued an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th.

Maple Leaf Foods Price Performance

MLFNF opened at $20.89 on Wednesday. The company’s 50 day moving average is $21.38 and its 200 day moving average is $20.70. Maple Leaf Foods has a 12-month low of $16.68 and a 12-month high of $26.13.

About Maple Leaf Foods

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.