Pizza Pizza Royalty Corp (TSE:PZA) had its price objective lowered by TD Securities from C$19.00 to C$18.50 in a research note released on Wednesday. TD Securities currently has a buy rating on the stock.
Shares of Pizza Pizza Royalty Corp (TSE:PZA) opened at 16.13 on Wednesday. The firm has a market cap of $503.47 million and a price-to-earnings ratio of 18.60. The company’s 50 day moving average is $16.85 and its 200 day moving average is $17.32. Pizza Pizza Royalty Corp has a 52-week low of $14.81 and a 52-week high of $18.24.
WARNING: This piece of content was first posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this piece of content on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://transcriptdaily.com/2017/08/13/pizza-pizza-royalty-corp-pza-pt-lowered-to-c18-50.html.
The company also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a dividend of $0.071 per share. This represents a $0.85 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date of this dividend is Thursday, July 27th.
Pizza Pizza Royalty Corp Company Profile
Pizza Pizza Royalty Corp. owns the trademarks and trade names used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants. PPL operates its Pizza Pizza Restaurants as franchise oriented restaurants and Pizza 73 Restaurants are owned, and operated as independent businesses. It operates through receipt of royalty income from the ownership of the Pizza Pizza and Pizza 73 Rights and Marks segment.
Receive News & Ratings for Pizza Pizza Royalty Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pizza Pizza Royalty Corp and related companies with MarketBeat.com's FREE daily email newsletter.