Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Given Consensus Recommendation of “Buy” by Brokerages

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

Several equities research analysts have weighed in on the stock. Desjardins initiated coverage on shares of Maple Leaf Foods in a research report on Tuesday, May 26th. They issued a “buy” rating for the company. Scotiabank reiterated 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. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th.

Maple Leaf Foods Stock Down 1.5%

MLFNF stock opened at $20.41 on Wednesday. Maple Leaf Foods has a fifty-two week low of $16.68 and a fifty-two week high of $26.13. The business has a fifty day moving average price of $21.44 and a 200 day moving average price of $20.64.

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.