MTY Food Group Inc. (TSE:MTY) Receives C$47.33 Consensus PT from Analysts

Shares of MTY Food Group Inc. (TSE:MTY) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$47.33.

A number of analysts have recently issued reports on the stock. TD Securities raised 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 research note on Friday, February 20th. Raymond James Financial upped their price target on shares of MTY Food Group from C$44.00 to C$46.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. Scotiabank increased their price target on shares of MTY Food Group from C$41.00 to C$46.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. National Bank Financial boosted their price objective on MTY Food Group from C$43.00 to C$49.00 and gave the stock an “outperform” rating in a report on Friday, February 20th. Finally, Royal Bank Of Canada upped their target price on MTY Food Group from C$45.00 to C$48.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th.

MTY Food Group Trading Down 1.0%

Shares of MTY Food Group stock opened at C$39.05 on Tuesday. The company has a debt-to-equity ratio of 177.88, a current ratio of 0.66 and a quick ratio of 0.57. The business has a fifty day simple moving average of C$41.22 and a two-hundred day simple moving average of C$38.46. MTY Food Group has a 1 year low of C$32.92 and a 1 year high of C$46.36. The company has a market capitalization of C$891.94 million, a price-to-earnings ratio of 7.54, a P/E/G ratio of 0.75 and a beta of 0.87.

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.