MTY Food Group (OTCMKTS:MTYFF) had its price objective boosted by CIBC from C$74.00 to C$84.00 in a research note released on Wednesday, The Fly reports. The brokerage currently has an outperform rating on the stock.
A number of other equities research analysts have also commented on MTYFF. TD Securities increased their price target on MTY Food Group from C$65.00 to C$70.00 and gave the company a hold rating in a research report on Tuesday. Royal Bank of Canada raised their target price on MTY Food Group from C$52.00 to C$62.00 and gave the company a sector perform rating in a research report on Thursday, October 7th. Scotiabank reaffirmed a hold rating and set a C$71.00 target price (up from C$65.00) on shares of MTY Food Group in a research report on Tuesday. Finally, Raymond James raised their target price on MTY Food Group from C$64.00 to C$73.00 and gave the company a market perform rating in a research report on Tuesday. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average price target of $72.00.
OTCMKTS MTYFF opened at $52.00 on Wednesday. The business has a fifty day simple moving average of $53.29 and a 200 day simple moving average of $49.40. MTY Food Group has a 12 month low of $28.58 and a 12 month high of $56.55.
MTY Food Group, Inc engages in the franchise and operation of causal dining restaurants. It operates through the Canada and USA and International segments. The firm’s brands includes Au Vieux Duluth Express, Chick ‘n’ Chick, Cultures, Franx Supreme, Koryo Korea, Koya Japan, Burger, Panini, TacoTime, Tandori Cuisine Indian, TiKi-MiNG, Tutti Frutti, Vie&nam, Villa Madina Mediterranean Cuisine, Country Style, Croissant Plus, Jugo Juice, KiMoCHi, Sub, Buns Master, La Crémière, Sukiyaki, Sushi shop, TCBY Canada, Thai Express, and Valentine.
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