Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Receives Average Rating of “Buy” from Brokerages

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has received a consensus rating of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a buy recommendation.

MLFNF has been the subject of a number of recent analyst reports. Scotiabank restated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Desjardins assumed coverage on Maple Leaf Foods in a report on Tuesday, May 26th. They issued a “buy” rating for the company. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th.

Maple Leaf Foods Stock Performance

MLFNF opened at $21.58 on Tuesday. The business has a fifty day moving average of $21.42 and a 200 day moving average of $19.83. Maple Leaf Foods has a 52-week low of $16.68 and a 52-week high of $26.13.

Maple Leaf Foods Company Profile

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.