BMO Capital Keeps a Hold Rating on Maple Leaf Foods (MFI)

By Carrie Williams

Maple Leaf Foods (MFIResearch Report), the Consumer Goods sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from BMO Capital’s analyst Peter Sklar, with a C$31 price target.

According to TipRanks.com, Sklar is a 4-star analyst with an average return of 5.6% and a 51.5% success rate. Sklar covers the Services sector, focusing on stocks such as Restaurant Brands International, Loblaw Companies Limited, and Canadian Tire Corp Ltd.

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Maple Leaf Foods has an analyst consensus of Moderate Buy, with a price target consensus of C$32.50.

The company has a one-year high of C$35.39 and a one-year low of C$26.05. Currently, Maple Leaf Foods has an average volume of 136.2K.

Maple Leaf Foods, Inc. is a consumer protein company specializes in prepared meats, ready-to-cook and ready-to-serve meals, valued-added fresh pork and poultry and plant protein products. It operates through the following brands: Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, and LightlifeTM. The company was founded in 1991 and is headquartered in Mississauga, Canada.

The company’s shares closed on Thursday at C$27.75.