MTY Food Group (TSE:MTY) had its price objective lifted by TD Securities from C$49.00 to C$54.00 in a research report released on Friday morning. The firm currently has a hold rating on the stock.

Several other brokerages also recently issued reports on MTY. Scotiabank upped their price objective on MTY Food Group from C$48.00 to C$50.00 and gave the company a sector perform rating in a research report on Friday, November 17th. Acumen Capital increased their target price on MTY Food Group from C$52.75 to C$55.00 and gave the stock a buy rating in a research report on Wednesday, December 13th.

Shares of MTY Food Group (TSE:MTY) traded up C$0.79 during trading hours on Friday, hitting C$53.46. The stock had a trading volume of 37,200 shares, compared to its average volume of 34,409. MTY Food Group has a twelve month low of C$44.75 and a twelve month high of C$56.60. The stock has a market capitalization of $1,140.00, a P/E ratio of 22.09 and a beta of 0.80.

WARNING: This report was first reported by Watch List News and is the property of of Watch List News. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this report can be accessed at https://www.watchlistnews.com/td-securities-raises-mty-food-group-mty-price-target-to-c54-00/1806122.html.

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.

Receive News & Ratings for MTY Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTY Food Group and related companies with MarketBeat.com's FREE daily email newsletter.