MTY Food Group Price Target Raised to C$35.00 at LB Securities (MTY)
Equities research analysts at LB Securities increased their price target on shares of MTY Food Group (TSE:MTY) from C$34.00 to C$35.00 in a research note issued to investors on Friday, AnalystRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. LB Securities’ price target would indicate a potential upside of 2.34% from the company’s current price.
Shares of MTY Food Group (TSE:MTY) traded down 0.87% during mid-day trading on Friday, hitting $34.20. 256,223 shares of the company’s stock traded hands. MTY Food Group has a one year low of $18.10 and a one year high of $34.72. The stock’s 50-day moving average is $31.21 and its 200-day moving average is $26.71. The company has a market cap of $653.9 million and a price-to-earnings ratio of 27.38.
Several other analysts have also recently commented on the stock. Analysts at Laurentian raised their price target on shares of MTY Food Group (TSE:MTY) from C$34.00 to C$35.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at National Bank Financial raised their price target on shares of MTY Food Group (TSE:MTY) from C$30.00 to C$33.00 in a research note to investors on Thursday, September 26th. They now have a “sector perform” rating on the stock.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.