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

Shares of Maple Leaf Foods Inc. (OTCMKTS:MLFNF) have earned an average rating of “Buy” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a buy recommendation.

Several research firms recently commented on MLFNF. Royal Bank Of Canada reiterated an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Desjardins initiated coverage on Maple Leaf Foods in a research report on Tuesday, May 26th. They set a “buy” rating on the stock. Canadian Imperial Bank of Commerce initiated coverage on Maple Leaf Foods in a research note on Monday, July 27th. They issued an “outperform” rating for the company. Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Thursday. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Maple Leaf Foods in a report on Thursday.

Maple Leaf Foods Stock Performance

Maple Leaf Foods stock opened at $19.34 on Friday. The company’s 50-day moving average price is $21.07 and its 200-day moving average price is $20.94. Maple Leaf Foods has a twelve month low of $16.68 and a twelve month 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.