Maple Leaf Foods (MFI) Gets a Hold Rating from RBC Capital


Maple Leaf Foods (MFI) has received a rating update from a Wall Street analyst yesterday. RBC Capital’s analyst Irene Nattel reiterates their Hold rating on the shares, with a C$34 price target.

According to TipRanks.com, Nattel is a 3-star analyst with an average return of 1.9% and a 51.7% success rate. Nattel covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Canadian Tire Corp Ltd, and Casey’s General.

Read also: Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maple Leaf Foods with a C$33 average price target, representing a 18.9% upside. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a C$31 price target.

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Maple Leaf Foods’ market cap is currently C$3.47B and has a P/E ratio of 24.8. The company has a Price to Book ratio of 1.74.

Maple Leaf Foods, Inc. is a consumer protein company specializes in prepared meats, ready-to-cook and ready-to-serve meals, valued-added fresh pork and poultry and plant protein products. It operates through the following brands: Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, and LightlifeTM. The company was founded in 1991 and is headquartered in Mississauga, Canada.

The company’s shares closed on Thursday at C$27.75.

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