Maple Leaf Foods Inc. (TSE:MFI) Given Consensus Rating of “Buy” by Brokerages

Maple Leaf Foods Inc. (TSE:MFIGet Free Report) has been given a consensus rating of “Buy” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have covered the stock in the last year is C$30.19.

Several equities analysts recently weighed in on MFI shares. National Bankshares dropped their price objective on Maple Leaf Foods from C$28.00 to C$26.00 in a research note on Thursday, November 14th. Canaccord Genuity Group raised their price target on Maple Leaf Foods from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Monday, January 13th. Finally, TD Securities decreased their price objective on shares of Maple Leaf Foods from C$35.00 to C$34.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th.

Read Our Latest Analysis on MFI

Insider Buying and Selling at Maple Leaf Foods

In other Maple Leaf Foods news, Director Linda Mantia acquired 4,498 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of C$22.23 per share, for a total transaction of C$99,990.54. 39.87% of the stock is owned by insiders.

Maple Leaf Foods Trading Up 0.6 %

Shares of Maple Leaf Foods stock opened at C$21.04 on Monday. The firm has a 50-day moving average of C$21.65. Maple Leaf Foods has a 12-month low of C$19.61 and a 12-month high of C$27.55. The company has a debt-to-equity ratio of 132.03, a quick ratio of 0.54 and a current ratio of 1.32. The stock has a market capitalization of C$2.59 billion, a PE ratio of 233.78, a PEG ratio of 18.07 and a beta of 0.47.

Maple Leaf Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date was Friday, December 6th. Maple Leaf Foods’s dividend payout ratio is presently 977.78%.

About Maple Leaf Foods

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Maple Leaf Foods Inc produces food products in the United States, Canada, Japan, China, and internationally. The company operates through Meat Protein Group and Plant Protein Group segments. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry, and plant protein products; bacon, hams, wieners, and meat snacks; a variety of delicatessen products; and processed chicken products, such as fully cooked chicken breasts and wings, processed turkey products, specialty sausages, cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats.

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Analyst Recommendations for Maple Leaf Foods (TSE:MFI)

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