Royal Bank Of Canada Forecasts Strong Price Appreciation for MTY Food Group (TSE:MTY) Stock

MTY Food Group (TSE:MTY) had its price target lifted by analysts at Royal Bank Of Canada from C$45.00 to C$48.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 11.27% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. Raymond James Financial decreased their price objective on MTY Food Group from C$50.00 to C$44.00 in a report on Wednesday, November 19th. Scotiabank upped 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 report on Friday. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$47.33.

MTY Food Group Stock Down 1.6%

Shares of TSE:MTY opened at C$43.14 on Friday. The firm has a market capitalization of C$985.36 million, a P/E ratio of 29.15, a P/E/G ratio of 0.75 and a beta of 1.12. 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 50 day moving average price of C$40.58 and a 200-day moving average price of C$38.29. MTY Food Group has a 52-week low of C$32.92 and a 52-week high of C$46.36.

MTY Food Group News Roundup

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.