National Bankshares Raises Maple Leaf Foods (TSE:MFI) Price Target to C$27.00

Maple Leaf Foods (TSE:MFI) had its price target boosted by stock analysts at National Bankshares from C$26.00 to C$27.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target would suggest a potential upside of 5.68% from the company’s current price.

A number of other brokerages have also recently commented on MFI. Canaccord Genuity Group raised 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 cut 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 report on Thursday, November 14th. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$31.08.

Maple Leaf Foods Stock Up 4.0 %

TSE:MFI traded up C$0.98 during trading hours on Wednesday, hitting C$25.55. 401,201 shares of the stock traded hands, compared to its average volume of 219,902. Maple Leaf Foods has a fifty-two week low of C$19.61 and a fifty-two week high of C$25.96. The company has a current ratio of 1.26, a quick ratio of 0.54 and a debt-to-equity ratio of 130.19. The firm has a market cap of C$3.20 billion, a price-to-earnings ratio of 94.29, a PEG ratio of 18.07 and a beta of 0.47. The firm has a 50 day moving average price of C$21.12 and a 200 day moving average price of C$21.97.

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.