MTY Food Group (TSE:MTY) Upgraded by Scotiabank to "Hold" Rating

MTY Food Group (TSE:MTY - Get Free Report) was upgraded by Scotiabank to a "hold" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

MTY has been the topic of several other research reports. Royal Bank Of Canada set a C$51.00 target price on shares of MTY Food Group and gave the stock a "sector perform" rating in a report on Thursday, May 22nd. Raymond James Financial dropped their target price on shares of MTY Food Group from C$55.00 to C$50.00 in a report on Monday, April 14th.

MTY Food Group Stock Down 0.4%

Shares of TSE:MTY traded down C$0.15 during trading on Wednesday, reaching C$40.68. 27,416 shares of the stock traded hands, compared to its average volume of 58,526. The stock has a 50-day moving average of C$42.26 and a two-hundred day moving average of C$44.20. MTY Food Group has a 52-week low of C$36.79 and a 52-week high of C$53.16. The company has a debt-to-equity ratio of 142.67, a quick ratio of 0.57 and a current ratio of 0.61. The stock has a market cap of C$948.55 million, a P/E ratio of 10.16, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95.

MTY Food Group Company Profile

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.