The stock of Maple Leaf Foods Inc. (TSE:MFI) is a huge mover today! About 124,417 shares traded hands. Maple Leaf Foods Inc. (TSE:MFI) has risen 13.40% since March 30, 2016 and is uptrending. It has outperformed by 12.18% the S&P500.
The move comes after 9 months negative chart setup for the $4.17B company. It was reported on Nov, 3 by Barchart.com. We have $28.67 PT which if reached, will make TSE:MFI worth $250.20M less.
Maple Leaf Foods Inc. (TSE:MFI) Ratings Coverage
Out of 4 analysts covering Maple Leaf Foods Inc. (TSE:MFI), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $35 is the highest target while $19 is the lowest. The $32.17 average target is 5.48% above today’s ($30.5) stock price. Maple Leaf Foods Inc. has been the topic of 11 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Maple Leaf Foods Inc. (TSE:MFI) has “Sector Perform” rating given on Wednesday, October 14 by RBC Capital Markets.
More notable recent Maple Leaf Foods Inc. (TSE:MFI) news were published by: Theglobeandmail.com which released: “Maple Leaf Foods profit jumps 70.4 per cent” on November 02, 2016, also Business.Financialpost.com with their article: “Maple Leaf Foods Inc to cut 400 jobs, 3% of its workforce, as it struggles to …” published on November 25, 2015, Fool.ca published: “The Best Stock You’ve Never Heard of: Maple Leaf Foods Inc.” on September 06, 2016. More interesting news about Maple Leaf Foods Inc. (TSE:MFI) were released by: Fool.ca and their article: “Maple Leaf Foods Inc.: It’s Time to Sell Despite Momentum” published on September 20, 2016 as well as Business.Financialpost.com‘s news article titled: “Maple Leaf Foods Inc profit beats as prepared meat products margins improve …” with publication date: March 01, 2016.
Maple Leaf Foods Inc. is a Canada-based consumer protein company. The company has a market cap of $4.17 billion. The Firm offers products under various brands, which include Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals and Mina. It has a 33.74 P/E ratio. The Firm operates through two divisions: Meat Products Group and Agribusiness Group.
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