Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Given Consensus Recommendation of “Buy” by Analysts

Maple Leaf Foods Inc. (OTCMKTS:MLFNF) has earned a consensus recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a buy rating.

Several research analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Desjardins initiated coverage on Maple Leaf Foods in a research report on Tuesday. They issued a “buy” rating on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Finally, Scotiabank reissued an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th.

Maple Leaf Foods Price Performance

OTCMKTS MLFNF traded down $0.17 on Tuesday, reaching $20.98. 7,549 shares of the stock were exchanged, compared to its average volume of 24,889. The company’s 50-day simple moving average is $21.42 and its two-hundred day simple moving average is $19.69. Maple Leaf Foods has a one year low of $16.68 and a one year high of $26.13.

Maple Leaf Foods Company Profile

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.