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Maple Leaf Foods (MFI) Receives a Buy from RBC Capital

On October 27, an analyst has provided a rating update for Maple Leaf Foods (MFIResearch Report). RBC Capital’s analyst Irene Nattel reiterates their Buy rating on the shares, with a C$36.00 price target.

Nattel has an average return of 5.4% when recommending Maple Leaf Foods.

According to TipRanks.com, Nattel is ranked #537 out of 8565 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Maple Leaf Foods with a C$36.60 average price target, representing a 43.5% upside. In a report issued on October 19, BMO Capital also reiterated a Buy rating on the stock with a C$33.00 price target.

Maple Leaf Foods’ market cap is currently C$3.19B and has a P/E ratio of -8.39.

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$26.13.

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