MTY Food Group Inc. (TSE:MTY) Receives C$47.33 Average Target Price from Analysts

Shares of MTY Food Group Inc. (TSE:MTY) have earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$47.33.

Several analysts have recently commented on MTY shares. Raymond James Financial increased their target price on MTY Food Group from C$44.00 to C$46.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. TD Securities increased their price objective on shares of MTY Food Group from C$37.00 to C$45.00 and gave the stock a “hold” rating in a report on Friday, February 20th. Scotiabank raised their price objective on shares of MTY Food Group from C$41.00 to C$46.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. Royal Bank Of Canada boosted their target price on shares of MTY Food Group from C$45.00 to C$48.00 and gave the stock a “sector perform” rating in a research note on Friday, February 20th. Finally, National Bank Financial upped their target price on shares of MTY Food Group from C$43.00 to C$49.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th.

MTY Food Group Trading Down 0.1%

MTY stock opened at C$39.00 on Tuesday. The business has a fifty day moving average price of C$41.20 and a 200 day moving average price of C$38.47. The company has a debt-to-equity ratio of 177.88, a current ratio of 0.66 and a quick ratio of 0.57. MTY Food Group has a fifty-two week low of C$32.92 and a fifty-two week high of C$46.36. The stock has a market capitalization of C$890.80 million, a price-to-earnings ratio of 7.53, a P/E/G ratio of 0.75 and a beta of 0.87.

About MTY Food Group

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.