MTY Food Group (TSE:MTY) Price Target Lowered to C$50.00 at Raymond James

MTY Food Group (TSE:MTY) had its price target decreased by stock analysts at Raymond James from C$55.00 to C$50.00 in a report issued on Monday,BayStreet.CA reports. Raymond James’ price target would suggest a potential upside of 27.00% from the company’s previous close.

MTY Food Group Stock Performance

TSE MTY opened at C$39.37 on Monday. The business’s 50-day moving average price is C$42.84 and its 200 day moving average price is C$45.54. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67. MTY Food Group has a twelve month low of C$36.79 and a twelve month high of C$53.16. The company has a market capitalization of C$918.00 million, a PE ratio of 9.83, a price-to-earnings-growth ratio of 0.75 and a beta of 1.95.

MTY Food Group Company Profile

MTY Food Group Inc operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It also sells retail products under a multitude of banners. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.