MTY Food Group (TSE:MTY) Rating Reiterated by Raymond James

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MTY Food Group (TSE:MTY)‘s stock had its “outperform” rating restated by research analysts at Raymond James in a research report issued on Monday, BayStreet.CA reports. They currently have a C$65.00 target price on the stock. Raymond James’ target price would suggest a potential upside of 22.85% from the stock’s current price.

Other analysts have also recently issued reports about the stock. TD Securities lowered their target price on shares of MTY Food Group from C$62.00 to C$59.00 and set a “hold” rating for the company in a research note on Tuesday, October 15th. Royal Bank of Canada lowered their target price on shares of MTY Food Group from C$70.00 to C$65.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 15th. Finally, National Bank Financial lowered their target price on shares of MTY Food Group from C$70.00 to C$67.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 15th.

MTY stock opened at C$52.91 on Monday. The firm has a 50 day moving average of C$61.46 and a 200 day moving average of C$61.18. The stock has a market capitalization of $1.32 billion and a PE ratio of 18.30. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 87.40. MTY Food Group has a 52 week low of C$51.61 and a 52 week high of C$73.19.

MTY Food Group Company Profile

MTY Food Group Inc operates as a franchisor in the quick service and casual dining food industry in Canada, the United States, and internationally. The company franchises and operates corporate-owned locations in the quick service restaurant and casual dining segments of the restaurant industry; and sells retail products under a multitude of banners.

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