Mama’s Creations (NASDAQ:MAMA) PT Raised to $7.00 at Lake Street Capital

Mama’s Creations (NASDAQ:MAMA) had its price target upped by stock analysts at Lake Street Capital from $6.00 to $7.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Lake Street Capital’s target price indicates a potential upside of 16.67% from the company’s current price.

Other research analysts also recently issued research reports about the stock. Roth Mkm reissued a “buy” rating and issued a $6.50 target price (up previously from $6.00) on shares of Mama’s Creations in a research note on Thursday. TheStreet upgraded Mama’s Creations from a “c+” rating to a “b-” rating in a report on Thursday, February 22nd. Finally, Roth Capital reiterated a “buy” rating on shares of Mama’s Creations in a report on Thursday, February 1st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $7.88.

Mama’s Creations Trading Up 8.3 %

Shares of MAMA stock opened at $6.00 on Thursday. The firm has a 50-day moving average price of $4.95 and a 200 day moving average price of $4.43. Mama’s Creations has a twelve month low of $1.83 and a twelve month high of $6.07. The company has a market capitalization of $223.56 million, a price-to-earnings ratio of 33.33 and a beta of 1.08. The company has a current ratio of 1.41, a quick ratio of 1.24 and a debt-to-equity ratio of 0.32.

Institutional Investors Weigh In On Mama’s Creations

Several institutional investors and hedge funds have recently made changes to their positions in MAMA. Wasatch Advisors LP acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at approximately $19,069,000. Bard Associates Inc. acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at approximately $5,688,000. Heartland Advisors Inc. acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at approximately $4,664,000. Thompson Siegel & Walmsley LLC bought a new position in Mama’s Creations during the 4th quarter worth $3,389,000. Finally, Rice Hall James & Associates LLC bought a new position in Mama’s Creations during the 1st quarter worth $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.