Maple Leaf Foods (TSE:MFI) Rating Increased to Hold at Scotiabank

Maple Leaf Foods (TSE:MFI) was upgraded by equities researchers at Scotiabank to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Other analysts also recently issued reports about the company. CIBC raised their target price on Maple Leaf Foods from C$30.00 to C$32.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Royal Bank of Canada boosted their price objective on Maple Leaf Foods from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research note on Wednesday, February 26th. National Bankshares increased their target price on shares of Maple Leaf Foods from C$26.00 to C$27.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Finally, Canaccord Genuity Group boosted their price target on shares of Maple Leaf Foods from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Monday, January 13th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Maple Leaf Foods presently has an average rating of “Moderate Buy” and a consensus target price of C$31.08.

Maple Leaf Foods Stock Up 0.7 %

Maple Leaf Foods stock opened at C$25.62 on Tuesday. The firm has a 50 day moving average price of C$23.50 and a 200-day moving average price of C$22.39. The company has a quick ratio of 0.54, a current ratio of 1.26 and a debt-to-equity ratio of 130.19. Maple Leaf Foods has a twelve month low of C$19.61 and a twelve month high of C$26.10. The company has a market capitalization of C$3.21 billion, a P/E ratio of 94.55, a P/E/G ratio of 18.07 and a beta of 0.47.

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China.