Maple Leaf Foods (MFI – Research Report), the Consumer Goods sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst George Doumet from Scotiabank reiterated a Buy rating, with a C$36.00 price target.
According to TipRanks.com, Doumet is a 3-star analyst with an average return of 1.0% and a 47.6% success rate. Doumet covers the NA sector, focusing on stocks such as Restaurant Brands International, Gildan Activewear, and Canadian Tire.
Maple Leaf Foods has an analyst consensus of Strong Buy, with a price target consensus of C$34.00, a 32.6% upside from current levels. In a report issued on November 3, RBC Capital also maintained a Buy rating on the stock with a C$32.00 price target.
Maple Leaf Foods’ market cap is currently C$3.13B and has a P/E ratio of -19.85.
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 Tuesday at C$25.67.
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