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

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has been assigned a consensus rating of “Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a buy recommendation.

Several research analysts have recently issued reports on MLFNF shares. Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Thursday. BMO Capital Markets reissued an “outperform” rating on shares of Maple Leaf Foods in a report on Thursday. Canadian Imperial Bank of Commerce assumed coverage on Maple Leaf Foods in a research report on Monday, July 27th. They issued an “outperform” rating for the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Finally, Desjardins began coverage on Maple Leaf Foods in a research report on Tuesday, May 26th. They set a “buy” rating on the stock.

Maple Leaf Foods Price Performance

Maple Leaf Foods stock opened at $19.29 on Friday. Maple Leaf Foods has a 52 week low of $16.68 and a 52 week high of $26.13. The company’s 50-day moving average price is $21.01 and its two-hundred day moving average price is $20.93.

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.