MTY Food Group (TSE:MTY) had its target price upped by Acumen Capital from C$52.75 to C$55.00 in a research report report published on Wednesday. They currently have a buy rating on the stock.

Separately, Scotiabank lifted their target price on shares of MTY Food Group from C$48.00 to C$50.00 and gave the stock a sector perform rating in a research note on Friday, November 17th.

Shares of MTY Food Group (MTY) opened at C$54.18 on Wednesday. MTY Food Group has a 12 month low of C$44.75 and a 12 month high of C$55.98.

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About MTY Food Group

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.

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