What’s Next for Maple Leaf Foods Inc. After Today’s Huge Decline?

 What's Next for Maple Leaf Foods Inc. After Today's Huge Decline?

The stock of Maple Leaf Foods Inc. (TSE:MFI) is a huge mover today! About 73,559 shares traded hands. Maple Leaf Foods Inc. (TSE:MFI) has risen 10.46% since April 27, 2016 and is uptrending. It has outperformed by 4.53% the S&P500.
The move comes after 8 months negative chart setup for the $3.83B company. It was reported on Dec, 1 by Barchart.com. We have $26.70 PT which if reached, will make TSE:MFI worth $191.50M 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. $37 is the highest target while $19 is the lowest. The $32.50 average target is 15.66% above today’s ($28.1) stock price. Maple Leaf Foods Inc. has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of MFI in a report on Thursday, November 3 with “Sector Perform” rating. As per Wednesday, October 14, the company rating was maintained by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, November 3 by Scotia Capital.

More notable recent Maple Leaf Foods Inc. (TSE:MFI) news were published by: Forbes.com which released: “Relative Strength Alert For Maple Leaf Foods (MFI)” on November 09, 2016, also Theglobeandmail.com with their article: “Maple Leaf Foods activist Boland finally retreats, leaves board” published on November 14, 2016, Business.Financialpost.com published: “Maple Leaf Foods Inc profit beats as prepared meat products margins improve …” on March 01, 2016. More interesting news about Maple Leaf Foods Inc. (TSE:MFI) were released by: Business.Financialpost.com and their article: “Maple Leaf Foods Inc to cut 400 jobs, 3% of its workforce, as it struggles to …” published on November 25, 2015 as well as Theglobeandmail.com‘s news article titled: “Maple Leaf Foods finding success after 7-year organizational overhaul” with publication date: April 30, 2015.

Maple Leaf Foods Inc. is a Canada-based consumer protein company. The company has a market cap of $3.83 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 28.06 P/E ratio. The Firm operates through two divisions: Meat Products Group and Agribusiness Group.

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