National Bank Financial Forecasts Strong Price Appreciation for MTY Food Group (TSE:MTY) Stock

MTY Food Group (TSE:MTY) had its price target increased by analysts at National Bank Financial from C$43.00 to C$49.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 13.58% from the company’s current price.

MTY has been the topic of several other reports. Raymond James Financial upped their price target on MTY Food Group from C$44.00 to C$46.00 and gave the company a “market perform” rating in a research report on Friday. Royal Bank Of Canada boosted their price objective on shares of MTY Food Group from C$45.00 to C$48.00 and gave the company a “sector perform” rating in a research note on Friday. TD Securities upped their target price on shares of MTY Food Group from C$37.00 to C$45.00 and gave the stock a “hold” rating in a report on Friday. Finally, Scotiabank increased their target price on shares of MTY Food Group from C$41.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Friday. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of C$47.33.

MTY Food Group Price Performance

Shares of TSE MTY opened at C$43.14 on Friday. The stock has a market cap of C$985.36 million, a PE ratio of 29.15, a price-to-earnings-growth ratio of 0.75 and a beta of 1.12. MTY Food Group has a fifty-two week low of C$32.92 and a fifty-two week high of C$46.36. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61. The stock has a fifty day moving average of C$40.58 and a 200-day moving average of C$38.29.

MTY Food Group News Summary

Here are the key news stories impacting MTY Food Group this week:

• Positive Sentiment: Multiple brokerages raised price targets and reiterated/maintained neutral-to-positive ratings, signaling improved analyst confidence (Raymond James to C$46, TD Securities to C$45, National Bank Financial to C$49, Scotiabank to C$46, RBC to C$48). This cluster of hikes supports upside expectations and likely helped buying interest. Analyst Ratings
• Positive Sentiment: MTY reported a return to quarterly profit versus a loss a year earlier — a fundamental improvement that supports the raised targets and reduces near-term earnings risk. G&M: Q4 Profit
• Neutral Sentiment: Company press release / detailed Q4 results provide the underlying financials and metrics investors will parse for sustainability of profit recovery. Useful for modeling but largely confirmatory to the Globe & Mail coverage. Q4 Results Release
• Neutral Sentiment: Earnings call transcript is available for color on margins, same-store sales, and guidance — important for assessing whether profit improvement is durable but not a standalone catalyst. Earnings Call Transcript
• Negative Sentiment: Management warned brands are “walking a fine line” with discounts as consumers hunt deals, highlighting potential margin compression if promotional activity increases — a near-term risk to profitability and a reason some investors may remain cautious. Discounting / Margin Risk

About MTY Food Group

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.