Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Receives Consensus Recommendation of “Buy” from Analysts

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has been assigned an average recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy rating.

Several analysts recently weighed in on the company. Scotiabank restated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Finally, Desjardins initiated coverage on shares of Maple Leaf Foods in a research note on Tuesday, May 26th. They set a “buy” rating on the stock.

Maple Leaf Foods Trading Up 0.3%

MLFNF opened at $20.89 on Wednesday. The firm’s 50 day simple moving average is $21.38 and its two-hundred day simple moving average is $20.67. Maple Leaf Foods has a 1-year low of $16.68 and a 1-year high of $26.13.

Maple Leaf Foods Company Profile

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.