Maple Leaf Foods Inc. (OTCMKTS:MLFNF) Receives Average Rating of “Buy” from Analysts

Shares of Maple Leaf Foods Inc. (OTCMKTS:MLFNF) have received an average recommendation of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation.

Several research analysts have recently issued reports on the company. Desjardins started coverage on Maple Leaf Foods in a research report on Tuesday, May 26th. They issued a “buy” rating for the company. Scotiabank restated an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce initiated coverage on Maple Leaf Foods in a report on Monday, July 27th. They issued an “outperform” rating for the company.

Maple Leaf Foods Stock Performance

Shares of MLFNF opened at $20.27 on Friday. Maple Leaf Foods has a one year low of $16.68 and a one year high of $26.13. The company has a 50-day simple moving average of $21.22 and a two-hundred day simple moving average of $20.90.

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.