MTY Food Group (TSE:MTY) had its price target lifted by TD Securities from C$49.00 to C$54.00 in a report issued on Friday. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target indicates a potential upside of 1.01% from the company’s current price.
MTY has been the subject of a number of other reports. Acumen Capital lifted their target price on MTY Food Group from C$52.75 to C$55.00 and gave the company a “buy” rating in a research report on Wednesday, December 13th. Scotiabank decreased their target price on MTY Food Group from C$49.00 to C$48.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 11th.
Shares of MTY Food Group (TSE:MTY) opened at C$53.46 on Friday. The firm has a market capitalization of $1,140.00, a price-to-earnings ratio of 22.09 and a beta of 0.80. MTY Food Group has a 1 year low of C$44.75 and a 1 year high of C$56.60.
COPYRIGHT VIOLATION WARNING: This story was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another publication, it was stolen and republished in violation of U.S. and international copyright & trademark laws. The correct version of this story can be read at https://www.dispatchtribunal.com/2018/01/14/mty-food-group-mty-pt-raised-to-c54-00-at-td-securities.html.
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.
Receive News & Ratings for MTY Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTY Food Group and related companies with MarketBeat.com's FREE daily email newsletter.