Mama’s Creations (NASDAQ:MAMA) Price Target Increased to $7.00 by Analysts at Lake Street Capital

Mama’s Creations (NASDAQ:MAMA) had its price objective increased by Lake Street Capital from $6.00 to $7.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a buy rating on the stock.

MAMA has been the subject of a number of other reports. TheStreet raised shares of Mama’s Creations from a c+ rating to a b- rating in a research note on Thursday, February 22nd. Roth Mkm reissued a buy rating and issued a $6.50 price target (up previously from $6.00) on shares of Mama’s Creations in a research note on Thursday. Finally, Roth Capital reaffirmed a buy rating on shares of Mama’s Creations in a research note on Thursday, February 1st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of Buy and an average target price of $7.88.

Mama’s Creations Stock Performance

Shares of NASDAQ:MAMA opened at $6.00 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.21 and a debt-to-equity ratio of 0.32. Mama’s Creations has a 1-year low of $1.83 and a 1-year high of $6.07. The stock has a market capitalization of $223.56 million, a P/E ratio of 33.33 and a beta of 1.08. The business has a 50-day moving average price of $4.95 and a two-hundred day moving average price of $4.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wasatch Advisors LP bought a new position in shares of Mama’s Creations during the 4th quarter valued at about $19,069,000. Bard Associates Inc. acquired a new position in shares of Mama’s Creations in the fourth quarter valued at approximately $5,688,000. Heartland Advisors Inc. bought a new stake in shares of Mama’s Creations during the fourth quarter worth $4,664,000. Thompson Siegel & Walmsley LLC acquired a new stake in shares of Mama’s Creations during the fourth quarter worth $3,389,000. Finally, Rice Hall James & Associates LLC bought a new stake in Mama’s Creations in the 1st quarter valued at $2,121,000. 45.18% of the stock is owned by institutional investors and hedge funds.

About Mama’s Creations

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.