TD Securities Upgrades Pizza Pizza Royalty (TSE:PZA) to Hold

Pizza Pizza Royalty (TSE:PZA) was upgraded by investment analysts at TD Securities to a “hold” rating in a research note issued on Friday,Zacks.com reports.

Separately, TD reduced their price objective on shares of Pizza Pizza Royalty from C$14.00 to C$12.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$14.00.

Pizza Pizza Royalty Price Performance

TSE:PZA opened at C$12.65 on Friday. Pizza Pizza Royalty has a one year low of C$12.22 and a one year high of C$16.73. The company has a debt-to-equity ratio of 15.24, a quick ratio of 3.02 and a current ratio of 1.64. The stock has a 50 day moving average price of C$12.92 and a 200 day moving average price of C$14.78. The stock has a market cap of C$427.63 million, a PE ratio of 13.34 and a beta of 0.59.

About Pizza Pizza Royalty

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions through Canada.