A Wall Street analyst has provided a review for the Consumer Goods company on May 11, but retained the same rating on the stock. Maple Leaf Foods (TSX: MFI), the Consumer Goods sector company has received a rating update from a Wall Street analyst on May 11.
According to TipRanks.com, Nattel is a 5-star analyst with an average return of 10.0% and a 65.4% success rate. Nattel covers the Consumer Goods sector, focusing on stocks such as Loblaw Companies, Casey’s General, and Canadian Tire.
Maple Leaf Foods has an analyst consensus of Strong Buy, with a price target consensus of C$34.65.
Based on Maple Leaf Foods’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$1.19 billion and GAAP net loss of C$41.49 million. In comparison, last year the company earned revenue of C$1.12 billion and had a net profit of C$1.88 million.
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 Monday at C$26.40.
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