MTY Food Group (TSE:MTY) Given a C$49.00 Price Target by National Bank Financial Analysts

National Bank Financial set a C$49.00 price objective on MTY Food Group (TSE:MTY) in a research report released on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms have also recently commented on MTY. Raymond James Financial boosted their target price on 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 boosted their target price on MTY Food Group from C$41.00 to C$46.00 and gave the company a “sector perform” rating in a research note on Friday, February 20th. Royal Bank Of Canada boosted 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 note on Friday, February 20th. Finally, TD Securities boosted their target price on MTY Food Group from C$37.00 to C$45.00 and gave the company a “hold” rating in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, MTY Food Group presently has a consensus rating of “Hold” and an average target price of C$47.33.

MTY Food Group Trading Up 1.2%

TSE MTY opened at C$39.44 on Monday. The stock has a market capitalization of C$900.85 million, a price-to-earnings ratio of 7.61, a PEG ratio of 0.75 and a beta of 0.85. The stock’s 50 day moving average price is C$40.73 and its two-hundred day moving average price is C$38.50. The company has a debt-to-equity ratio of 177.88, a quick ratio of 0.57 and a current ratio of 0.66. MTY Food Group has a 52 week low of C$32.92 and a 52 week high of C$46.36.

MTY Food Group (TSE:MTY) last released its earnings results on Thursday, February 19th. The company reported C$1.88 EPS for the quarter. The firm had revenue of C$303.51 million for the quarter. MTY Food Group had a return on equity of 14.51% and a net margin of 10.00%. As a group, analysts anticipate that MTY Food Group will post 4.4909091 earnings per share for the current fiscal year.

MTY Food Group Company Profile

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.