Could Maple Leaf Foods Inc. Crash Even More? The Stock Had Another Big Decline Today

 Could Maple Leaf Foods Inc. Crash Even More? The Stock Had Another Big Decline Today

The stock of Maple Leaf Foods Inc. (TSE:MFI) is a huge mover today! About 69,085 shares traded hands. Maple Leaf Foods Inc. (TSE:MFI) has risen 5.24% since April 8, 2016 and is uptrending. It has outperformed by 0.26% the S&P500.
The move comes after 5 months negative chart setup for the $3.84 billion company. It was reported on Nov, 14 by Barchart.com. We have $25.84 PT which if reached, will make TSE:MFI worth $307.20M 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. Maple Leaf Foods Inc. has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Wednesday, October 14 by RBC Capital Markets. The rating was maintained by Scotia Capital with “Outperform” on Thursday, November 3. RBC Capital Markets maintained it with “Sector Perform” rating and $34 target price in Thursday, November 3 report.

More recent Maple Leaf Foods Inc. (TSE:MFI) news were published by: Fool.ca which released: “Chow Down on Maple Leaf Foods Inc.” on November 14, 2016. Also Forbes.com published the news titled: “Relative Strength Alert For Maple Leaf Foods (MFI)” on November 09, 2016. Theglobeandmail.com‘s news article titled: “Maple Leaf Foods profit jumps 70.4 per cent” with publication date: November 02, 2016 was also an interesting one.

Maple Leaf Foods Inc. is a Canada-based consumer protein company. The company has a market cap of $3.84 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 28.05 P/E ratio. The Firm operates through two divisions: Meat Products Group and Agribusiness Group.

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