MTY Food Group (TSE:MTY) PT Set at C$49.00 by National Bank Financial

MTY Food Group (TSE:MTY) has been given a C$49.00 price target by equities researchers at National Bank Financial in a report released on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 34.21% from the company’s previous close.

MTY has been the subject of a number of other reports. Scotiabank decreased their target price on MTY Food Group from C$46.00 to C$45.00 and set a “sector perform” rating for the company in a research report on Monday, April 13th. Raymond James Financial reduced their price objective on MTY Food Group from C$46.00 to C$45.00 and set a “market perform” rating for the company in a research note on Monday, April 13th. TD decreased their price objective on MTY Food Group from C$45.00 to C$42.00 and set a “hold” rating for the company in a report on Monday, April 13th. Finally, Royal Bank Of Canada lowered their target price on MTY Food Group from C$48.00 to C$46.00 and set a “sector perform” rating on the stock in a research report on Monday, April 13th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of C$46.00.

MTY Food Group Stock Down 6.8%

TSE MTY traded down C$2.68 on Monday, hitting C$36.51. 115,892 shares of the company were exchanged, compared to its average volume of 72,042. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 127.62. The company has a market cap of C$833.92 million, a PE ratio of 5.42, a PEG ratio of 0.75 and a beta of 1.01. The stock has a fifty day moving average of C$39.25 and a 200-day moving average of C$39.71. MTY Food Group has a 12 month low of C$32.92 and a 12 month high of C$46.21.

MTY Food Group (TSE:MTY) last posted its quarterly earnings results on Friday, April 10th. The company reported C$0.98 earnings per share for the quarter. MTY Food Group had a net margin of 13.14% and a return on equity of 18.59%. The firm had revenue of C$267.76 million during the quarter. As a group, analysts forecast that MTY Food Group will post 4.4909091 earnings per share for the current year.

MTY Food Group Company Profile

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.