MTY Food Group (MTY) Stock Forecast & Price Target

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C$46.98

+1.15 (+2.51%)

(As of 04/16/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

MTY Food Group Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

C$54.29
15.55% Upside

High Forecast	C$65.00
Average Forecast	C$54.29
Low Forecast	C$49.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	1 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$54.29	C$59.86	C$69.14	C$70.00
Predicted Upside	15.55% Upside	20.54% Upside	32.04% Upside	11.88% Upside

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MTY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MTY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

MTY Food Group Stock vs. The Competition

Type	MTY Food Group	Consumer Cyclical Companies
Consensus Rating Score	2.43	2.48
Consensus Rating	Hold	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/16/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$60.00 ➝ C$55.00	+19.12%
4/15/2024	Acumen Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	C$75.00 ➝ C$65.00	+43.33%
4/15/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	C$58.00 ➝ C$51.00	+12.46%
4/15/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	C$55.00 ➝ C$50.00	+10.25%
4/15/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	C$62.00 ➝ C$53.00	+16.87%
4/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$59.00 ➝ C$49.00	+8.05%
Get the Latest News and Ratings for MTY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for MTY Food Group and its competitors with MarketBeat's FREE daily newsletter.
4/15/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	C$59.00 ➝ C$57.00	+25.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:34 PM ET.

MTY Price Target - Frequently Asked Questions

What is MTY Food Group's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for MTY Food Group stock is Hold based on the current 4 hold ratings and 3 buy ratings for MTY. The average twelve-month price prediction for MTY Food Group is C$54.29 with a high price target of C$65.00 and a low price target of C$49.00. Learn more on MTY's analyst rating history.
Do Wall Street analysts like MTY Food Group more than its competitors?: Analysts like MTY Food Group less than other Consumer Cyclical companies. The consensus rating score for MTY Food Group is 2.43 while the average consensus rating score for consumer cyclical companies is 2.48. Learn more on how MTY compares to other companies.
Does MTY Food Group's stock price have much upside?: According to analysts, MTY Food Group's stock has a predicted upside of 18.73% based on their 12-month stock forecasts.

What analysts cover MTY Food Group?: MTY Food Group has been rated by Acumen Capital, CIBC, National Bankshares, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.

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This page (TSE:MTY) was last updated on 4/16/2024 by MarketBeat.com Staff

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MTY Food Group (MTY) Stock Forecast & Price Target

MTY Food Group Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

MTY Analyst Ratings By Month

MTY Price Targets by Month

MTY Food Group Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

MTY Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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