A Wall Street analyst has provided a rating update for the Consumer Goods sector company yesterday, while remaining neutral on the stock. BMO Capital’s analyst Peter Sklar reiterates their Hold rating on the shares of Maple Leaf Foods (MFI – Research Report), with a $27.00 price target.
According to TipRanks.com, Sklar is a 3-star analyst with an average return of 3.2% and a 48.5% success rate. Sklar covers the Consumer Goods sector, focusing on stocks such as Loblaw Companies, Canadian Tire, and Dollarama.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Maple Leaf Foods with a C$34.60 average price target.
The company has a one-year high of C$28.28 and a one-year low of C$18.85. Currently, Maple Leaf Foods has an average volume of 236.5K.
Maple Leaf Foods Inc is a consumer packaged meats company, originally from Canada. The company produces prepared meats and meals, fresh pork, and poultry and turkey products. The firm also has agribusiness operations. These operations supply livestock to the meat products business operations. The company’s main markets are Canada, the United States, Mexico, and Japan. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell’s Gourmet Food, Larse, Parm, and Hygrade.
The company’s shares closed last Thursday at C$27.43, close to its 52-week high of C$28.28.
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