Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Given Average Recommendation of “Buy” by Brokerages

Maple Leaf Foods Inc. (OTCMKTS:MLFNF – Get Free Report) has received an average recommendation of “Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy recommendation.

MLFNF has been the subject of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Desjardins began coverage on Maple Leaf Foods in a report on Tuesday, May 26th. They issued a “buy” rating for the company. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th.

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Maple Leaf Foods Trading Down 1.6%

MLFNF opened at $20.08 on Wednesday. The business’s 50-day simple moving average is $21.36 and its 200-day simple moving average is $20.72. Maple Leaf Foods has a one year low of $16.68 and a one year high of $26.13.

About Maple Leaf Foods

(Get Free Report)

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.

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