MTY Food Group Inc. (TSE:MTY) – Analysts at National Bank Financial upped their FY2018 earnings per share estimates for shares of MTY Food Group in a research note issued to investors on Tuesday. National Bank Financial analyst L. Aghazarian now anticipates that the company will post earnings of $2.85 per share for the year, up from their previous estimate of $2.66.

A number of other equities analysts have also recently issued reports on the company. Scotiabank raised their target price on MTY Food Group from C$48.00 to C$50.00 and gave the stock a “sector perform” rating in a report on Friday, November 17th. Acumen Capital raised their target price on MTY Food Group from C$52.75 to C$55.00 and gave the stock a “buy” rating in a report on Wednesday.

Shares of MTY Food Group (MTY) traded down C$0.30 on Friday, reaching C$52.05. The company’s stock had a trading volume of 39,835 shares, compared to its average volume of 23,168. MTY Food Group has a 12-month low of C$44.75 and a 12-month high of C$55.98.

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About MTY Food Group

MTY Food Group Inc is a Canada-based company, which franchises and operates quick-service restaurants. The Company operates in four segments: Franchising, which includes revenue from royalties, supplier contributions, franchise fees, rent, and the construction and renovation of restaurants; Corporate, which includes the direct sale of prepared food to customers; Distribution, which includes distribution of raw materials to restaurants of its Valentine and Franx banners, and processing, which includes the sale of ingredients and prepared food to restaurant chains, distributors and retailers.

Earnings History and Estimates for MTY Food Group (TSE:MTY)

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