Scotia Capital disclosed MTY Food Group (TSE:MTY), hiking its price target to $49.00 earlier today
- Updated: October 14, 2016
Having a price of $45.26, MTY Food Group (TSE:MTY) traded 0.07% higher on the day. With the last close up 12.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MTY has recorded a 50-day average of $43.65 and a two hundred day average of $40.25. Trade Volume was down over the average, with 17,458 shares of MTY changing hands under the typical 20,316
Reporting a potential upside of 0.08%, Scotia Capital upped the price target of MTY Food Group (TSE:MTY) to $49.00
On 9/12/2016, MTY Food Group Inc. released a statement on MTY Food Group (TSE:MTY) upped the target price from $48.00 to $49.00 that suggested an upside of 0.15%.
Recent Performance Chart
MTY Food Group has PE ratio of 31.43 with a one year low of $27.91 and a one year high of $46.50 and has a market capitalization of $0.
A total of 4 analysts have released a report on MTY Food Group. zero analysts rating the company a strong buy, one analyst rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $31.96.
General Company Details For MTY Food Group (TSE:MTY)
MTY Food Group Inc. is a Canada-based company, which franchises and operates quick-service restaurants. The Company operates in four segments: Franchising, which includes revenue from royalties, supplier contributions, franchise fees, rent, and the construction and renovation of restaurants; Corporate, which includes the direct sale of prepared food to customers; Distribution, which includes distribution of raw materials to restaurants of its Valentine and Franx banners, and processing, which includes the sale of ingredients and prepared food to restaurant chains, distributors and retailers. The Company's quick-service restaurants operate under various banners, such as Tiki-Ming, Sukiyaki, La Cremiere, Au Vieux Duluth Express, Carrefour Oriental, Panini Pizza Pasta, Franx Supreme, Croissant Plus, Villa Madina, Cultures, Thai Express, Vanellis, Kim Chi, Yogen Fruz, Sushi Shop, Koya Japan, Vie & Nam, Tandori, O'Burger, Tutti Frutti, Taco Time, Country Style, Buns Master and Valentine.
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