Maple Leaf Foods (TSE:MFI) Stock Price Expected to Rise, National Bankshares Analyst Says

Maple Leaf Foods (TSE:MFI) had its price target hoisted by equities researchers at National Bankshares from C$26.00 to C$27.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 4.81% from the company’s previous close.

A number of other equities research analysts also recently weighed in on MFI. Canaccord Genuity Group boosted their price target on shares of Maple Leaf Foods from C$30.00 to C$32.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. TD Securities dropped their price target on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$31.08.

Maple Leaf Foods Price Performance

Shares of MFI stock opened at C$25.76 on Wednesday. Maple Leaf Foods has a 1 year low of C$19.61 and a 1 year high of C$26.10. The firm’s 50 day moving average is C$21.22 and its 200-day moving average is C$21.97. The firm has a market capitalization of C$3.22 billion, a price-to-earnings ratio of 95.07, a PEG ratio of 18.07 and a beta of 0.47. The company has a current ratio of 1.26, a quick ratio of 0.54 and a debt-to-equity ratio of 130.19.

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.