Pizza Pizza Royalty (TSE:PZA) Stock Price Expected to Rise, TD Securities Analyst Says

Pizza Pizza Royalty (TSE:PZA) had its price objective hoisted by TD Securities from C$13.00 to C$14.00 in a note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price suggests a potential upside of 4.40% from the stock’s current price.

Pizza Pizza Royalty Stock Up 2.4 %

PZA stock opened at C$13.41 on Tuesday. The firm’s 50-day moving average is C$13.32 and its two-hundred day moving average is C$13.22. The company has a market capitalization of C$330.38 million, a price-to-earnings ratio of 14.19 and a beta of 0.91. Pizza Pizza Royalty has a 52 week low of C$12.31 and a 52 week high of C$13.92. The company has a current ratio of 0.19, a quick ratio of 3.03 and a debt-to-equity ratio of 15.72.

About Pizza Pizza Royalty

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians.