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

Shares of Maple Leaf Foods Inc. (OTCMKTS:MLFNF) have earned a consensus rating of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a buy rating.

A number of brokerages have recently commented on MLFNF. Canadian Imperial Bank of Commerce started coverage on Maple Leaf Foods in a research note on Monday, July 27th. They issued an “outperform” rating for the company. Desjardins started coverage on shares of Maple Leaf Foods in a research note on Tuesday, May 26th. They set a “buy” rating on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a research note on Thursday, August 13th. Finally, Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Thursday, August 13th.

Maple Leaf Foods Stock Performance

Shares of MLFNF opened at $19.22 on Thursday. Maple Leaf Foods has a 1 year low of $16.68 and a 1 year high of $25.98. The stock’s 50-day moving average price is $20.37 and its two-hundred day moving average price is $20.96.

About Maple Leaf Foods

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.