Scotia Issues Positive Forecast for Maple Leaf Foods (TSE:MFI) Stock Price

Maple Leaf Foods (TSE:MFI) had its price objective upped by Scotia from C$32.00 to C$36.00 in a research report report published on Friday,BayStreet.CA reports. They currently have a sector outperform rating on the stock.

Several other analysts have also recently weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of Maple Leaf Foods from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Friday. Stifel Nicolaus upped their price objective on shares of Maple Leaf Foods from C$35.00 to C$36.00 and gave the stock a “buy” rating in a research note on Friday. National Bank Financial lifted their price objective on Maple Leaf Foods from C$35.00 to C$37.00 and gave the company an “outperform” rating in a research report on Friday. Ventum Financial set a C$37.00 price objective on Maple Leaf Foods and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Scotiabank upgraded Maple Leaf Foods from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$36.09.

Maple Leaf Foods Stock Performance

TSE MFI opened at C$29.30 on Friday. The stock has a market cap of C$3.65 billion, a P/E ratio of 6.96, a PEG ratio of 18.07 and a beta of 0.54. The company’s 50-day simple moving average is C$29.26 and its 200 day simple moving average is C$27.05. Maple Leaf Foods has a twelve month low of C$23.35 and a twelve month high of C$36.35. The company has a quick ratio of 0.54, a current ratio of 1.34 and a debt-to-equity ratio of 91.78.

Maple Leaf Foods (TSE:MFI) last posted its earnings results on Thursday, May 7th. The company reported C$0.34 earnings per share for the quarter. The business had revenue of C$962.85 million for the quarter. Maple Leaf Foods had a net margin of 12.44% and a return on equity of 36.56%. As a group, research analysts forecast that Maple Leaf Foods will post 1.4334187 earnings per share for the current fiscal year.

Maple Leaf Foods Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 2.9%. This is an increase from Maple Leaf Foods’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Monday, March 9th. Maple Leaf Foods’s payout ratio is currently 20.90%.

Maple Leaf Foods News Summary

Here are the key news stories impacting Maple Leaf Foods this week:

• Positive Sentiment: Stifel Nicolaus raised its target on Maple Leaf Foods and reiterated a buy rating, signaling confidence in further upside. Tickerreport.com
• Positive Sentiment: Canaccord Genuity also lifted its price target and kept a buy rating, adding to the bullish analyst momentum. Tickerreport.com
• Positive Sentiment: Royal Bank of Canada and National Bank Financial both raised targets and maintained outperform calls, while Ventum Capital and Scotia also increased their targets, suggesting broad analyst confidence in Maple Leaf Foods’ outlook. BayStreet.CA
• Positive Sentiment: The company’s Q1 results showed revenue of C$962.85 million and EPS of C$0.34, with a reported net margin of 11.76% and return on equity of 35.43%, which may be helping support the stock. Earnings Transcript
• Neutral Sentiment: Maple Leaf Foods also announced the voting results from its 2026 annual general meeting, but no major market-moving details were highlighted. AGM Voting Results

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc is a consumer-packaged meats company. It produces prepared meats and meals, fresh pork, and poultry and turkey products. The company also has agribusiness operations. These operations supply livestock to the meat products business operations. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell’s Gourmet Food, Larse, Parm, and Hygrade.