share_log
Hi,
moomoo ID:0
Log Out
English
Back
  • English
  • 中文繁体
  • 中文简体

Maple Leaf Foods (TSE:MFI) Given New C$39.00 Price Target at TD Securities

Financial News Live ·  08/06 20:01

Maple Leaf Foods (TSE:MFI – Get Rating) had its price target cut by TD Securities from C$45.00 to C$39.00 in a research note released on Friday morning, BayStreet.CA reports. They currently have an action list buy rating on the stock.

Other analysts have also issued reports about the company. Scotiabank cut their price target on Maple Leaf Foods from C$40.00 to C$34.00 in a report on Friday. BMO Capital Markets dropped their target price on Maple Leaf Foods from C$36.00 to C$31.00 in a report on Friday. Royal Bank of Canada dropped their target price on Maple Leaf Foods from C$43.00 to C$42.00 and set an outperform rating on the stock in a report on Thursday, April 28th. Finally, CIBC dropped their target price on Maple Leaf Foods from C$41.00 to C$35.00 and set an outperform rating on the stock in a report on Friday. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Buy and an average price target of C$35.00.

Get Maple Leaf Foods alerts:

Maple Leaf Foods Stock Performance

Shares of Maple Leaf Foods stock opened at C$21.88 on Friday. The firm has a market cap of C$2.73 billion and a price-to-earnings ratio of 39.78. The stock's 50-day moving average is C$26.14 and its 200-day moving average is C$28.08. Maple Leaf Foods has a one year low of C$21.60 and a one year high of C$32.60. The company has a debt-to-equity ratio of 73.88, a current ratio of 1.55 and a quick ratio of 0.48.

Maple Leaf Foods (TSE:MFI – Get Rating) last issued its quarterly earnings results on Wednesday, May 4th. The company reported C$0.03 EPS for the quarter. The firm had revenue of C$1.13 billion during the quarter. Equities analysts predict that Maple Leaf Foods will post 2.2000002 earnings per share for the current fiscal year.

Maple Leaf Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Shareholders of record on Thursday, September 8th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Wednesday, September 7th. Maple Leaf Foods's dividend payout ratio (DPR) is presently 134.55%.

Insiders Place Their Bets

In other Maple Leaf Foods news, Senior Officer Bentley Andrew Brooks sold 9,997 shares of the business's stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of C$27.40, for a total transaction of C$273,917.80. Following the transaction, the insider now owns 21,973 shares of the company's stock, valued at C$602,060.20. In other news, Senior Officer Bentley Andrew Brooks sold 9,997 shares of the company's stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of C$27.40, for a total value of C$273,917.80. Following the transaction, the insider now owns 21,973 shares of the company's stock, valued at C$602,060.20. Also, Senior Officer Curtis Eugene Frank bought 3,218 shares of the firm's stock in a transaction dated Thursday, June 30th. The stock was purchased at an average cost of C$25.32 per share, for a total transaction of C$81,479.76. Following the transaction, the insider now directly owns 3,218 shares of the company's stock, valued at approximately C$81,479.76.

About Maple Leaf Foods

(Get Rating)

Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, fresh pork and poultry, and plant protein products. The company offers its products under various brands, including Maple Leaf, Schneiders, Greenfield Natural Meat Co, Swift, Prime, Maple Leaf Natural Selections, Mina, Big Stick, Cappola, Deli Express, Field Roast Grain Meat Co, Holiday, Hygrade, Larsen, Lightlife, Lunch Mate, Main Street Deli, Maple Leaf Foodservice, Mitchell's, Olympic Craft Meats, Parma, Shopsy's, Sunrise, and Swift.

Recommended Stories

  • MarketBeat: Week in Review 8/1 – 8/5
  • How to Use High Beta Stocks to Maximize Your Investing Profits
  • Cronos Group Inc's Revenues Are Up, Is It Time to Buy?
  • Why Apple Could Be At All-Time Highs By Year End
  • Beyond Meat Is Not Beyond Hope, And It's Cheap

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

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.