MTY Food Group (MTY) Upgraded to “Outperfrom Under Weight” by National Bank Financial
Separately, TD Securities lifted their price target on shares of MTY Food Group from C$56.00 to C$58.00 and gave the company a hold rating in a research report on Wednesday, September 5th.
Shares of MTY opened at C$67.94 on Wednesday. MTY Food Group has a 1-year low of C$44.97 and a 1-year high of C$68.85.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Monday, November 5th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Friday, November 2nd.
About MTY Food Group
MTY Food Group Inc franchises and operates quick-service restaurants in Canada and internationally. It also operates a distribution center and a food processing plant. As of November 30, 2017, the company had 5,469 locations comprising 5,402 franchised and 67 company operated locations. The company was formerly known as iNsu Innovations Group Inc and changed its name to MTY Food Group Inc in July 2003.
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