MTY Food Group (TSE:MTY - Get Free Report) was upgraded by equities researchers at Scotiabank to a "hold" rating in a report issued on Wednesday,Zacks.com reports.
Several other brokerages have also issued reports on MTY. Raymond James Financial cut their target price on shares of MTY Food Group from C$55.00 to C$50.00 in a research note on Monday, April 14th. Royal Bank Of Canada set a C$51.00 price objective on MTY Food Group and gave the stock a "sector perform" rating in a research note on Thursday, May 22nd.
View Our Latest Stock Report on MTY Food Group
MTY Food Group Stock Performance
Shares of MTY Food Group stock opened at C$40.66 on Wednesday. The business has a 50-day moving average price of C$42.20 and a two-hundred day moving average price of C$44.35. MTY Food Group has a 1-year low of C$36.79 and a 1-year high of C$53.16. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67. The company has a market cap of C$948.08 million, a P/E ratio of 10.15, a PEG ratio of 0.75 and a beta of 1.95.
About MTY Food Group
(
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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.
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