On August 3, an analyst has provided a rating update for the Consumer Goods sector company, Maple Leaf Foods (MFI – Research Report). Analyst Irene Nattel from RBC Capital reiterated a Buy rating, with a C$36.00 price target on August 3.
Nattel has an average return of 8.4% when recommending Maple Leaf Foods.
According to TipRanks.com, Nattel is ranked #498 out of 8543 analysts.
Currently, the analyst consensus on Maple Leaf Foods is a Strong Buy with an average price target of C$36.80, which is a 25.2% upside from current levels. In a report issued on August 3, BMO Capital also upgraded the stock to Buy with a C$34.00 price target.
Maple Leaf Foods’ market cap is currently C$3.57B and has a P/E ratio of -9.40.
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 Friday at C$31.20.
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