Maple Leaf Foods Inc (MFI) Earns “Market Perform” Rating from BMO Capital Markets

Maple Leaf Foods Inc (TSE:MFI)‘s stock had its “market perform” rating restated by equities research analysts at BMO Capital Markets in a report issued on Monday, July 24th. They presently have a C$36.00 target price on the stock. BMO Capital Markets’ price target suggests a potential upside of 3.99% from the company’s current price.

MFI has been the subject of a number of other reports. Scotiabank increased their target price on shares of Maple Leaf Foods from C$34.00 to C$37.00 and gave the company an “outperform” rating in a research report on Friday, April 28th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a C$35.00 target price on shares of Maple Leaf Foods in a research report on Tuesday, April 11th. TD Securities reiterated a “buy” rating and issued a C$37.00 target price on shares of Maple Leaf Foods in a research report on Tuesday, April 25th. Finally, CIBC increased their target price on shares of Maple Leaf Foods from C$35.00 to C$36.00 in a research report on Friday, April 28th.

Maple Leaf Foods (TSE MFI) traded down 0.03% during mid-day trading on Monday, hitting $34.61. 73,556 shares of the stock were exchanged. The stock has a market cap of $4.47 billion and a PE ratio of 26.52. Maple Leaf Foods has a 52-week low of $27.31 and a 52-week high of $35.34. The stock’s 50 day moving average is $32.98 and its 200 day moving average is $32.19.

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In other Maple Leaf Foods news, insider Andreas Liris sold 6,200 shares of Maple Leaf Foods stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of C$34.00, for a total transaction of C$210,800.00. Also, insider Rocco Cappuccitti sold 8,600 shares of Maple Leaf Foods stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of C$34.37, for a total transaction of C$295,582.00. Over the last quarter, insiders have sold 22,100 shares of company stock valued at $757,706.

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc is a Canada-based consumer protein company that processes and produces value-added prepared meats, lunch kits snacks, and value-added fresh pork and poultry products sold under flagship Canadian brands such as Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina and Devour.




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