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

MTY Food Group (TSE:MTY – Get Free Report) has been given a C$49.00 price target by research analysts at National Bank Financial in a report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 34.21% from the company’s previous close.

A number of other research firms have also recently commented on MTY. TD lowered their price target on MTY Food Group from C$45.00 to C$42.00 and set a “hold” rating for the company in a report on Monday, April 13th. Royal Bank Of Canada decreased their target price on MTY Food Group from C$48.00 to C$46.00 and set a “sector perform” rating on the stock in a research report on Monday, April 13th. Raymond James Financial lowered their target price on MTY Food Group from C$46.00 to C$45.00 and set a “market perform” rating for the company in a research note on Monday, April 13th. Finally, Scotiabank dropped their target price on shares of MTY Food Group from C$46.00 to C$45.00 and set a “sector perform” rating for the company in a report on Monday, April 13th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$46.00.

Get MTY Food Group alerts:

Check Out Our Latest Report on MTY Food Group

MTY Food Group Price Performance

TSE:MTY traded down C$2.68 during mid-day trading on Monday, reaching C$36.51. The stock had a trading volume of 115,892 shares, compared to its average volume of 72,042. The stock has a 50-day simple moving average of C$39.25 and a two-hundred day simple moving average of C$39.71. The stock has a market capitalization of C$833.92 million, a PE ratio of 5.42, a P/E/G ratio of 0.75 and a beta of 1.01. The company has a debt-to-equity ratio of 127.62, a current ratio of 0.69 and a quick ratio of 0.56. MTY Food Group has a 12 month low of C$32.92 and a 12 month high of C$46.21.

MTY Food Group (TSE:MTY – Get Free Report) last announced its quarterly earnings data on Friday, April 10th. The company reported C$0.98 EPS for the quarter. The business had revenue of C$267.76 million during the quarter. MTY Food Group had a net margin of 13.14% and a return on equity of 18.59%. On average, equities analysts anticipate that MTY Food Group will post 4.4909091 earnings per share for the current year.

MTY Food Group Company Profile

(Get Free Report)

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.

Further Reading

• Five stocks we like better than MTY Food Group
• Buy CrowdStrike Before the Stock Split? Here’s the Case
• Investors Are Buying Into Sweetgreen Again—Should They?
• Burlington Is Winning Over Shoppers But Investors Need Patience
• USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk

Receive News & Ratings for MTY Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTY Food Group and related companies with MarketBeat.com's FREE daily email newsletter.