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

Mama’s Creations (NASDAQ:MAMA) had its price objective hoisted by Lake Street Capital from $6.00 to $7.00 in a report issued on Thursday morning, Benzinga reports. Lake Street Capital currently has a buy rating on the stock.

A number of other research firms have also recently weighed in on MAMA. TheStreet upgraded shares of Mama’s Creations from a c+ rating to a b- rating in a report on Thursday, February 22nd. Roth Mkm restated a buy rating and issued a $6.50 price target (up from $6.00) on shares of Mama’s Creations in a report on Thursday. Finally, Roth Capital restated 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 data from MarketBeat, Mama’s Creations currently has a consensus rating of Buy and a consensus price target of $7.88.

Mama’s Creations Stock Up 9.3 %

NASDAQ:MAMA opened at $5.54 on Thursday. Mama’s Creations has a fifty-two week low of $1.83 and a fifty-two week high of $5.79. The stock has a market capitalization of $207.47 million, a P/E ratio of 30.78 and a beta of 1.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.42. The company’s 50-day simple moving average is $4.91 and its 200-day simple moving average is $4.42.

Institutional Trading of Mama’s Creations

A number of institutional investors have recently bought and sold shares of the stock. Wasatch Advisors LP acquired a new stake in Mama’s Creations during the 4th quarter valued at approximately $19,069,000. Bard Associates Inc. acquired a new stake in Mama’s Creations during the 4th quarter valued at approximately $5,688,000. Heartland Advisors Inc. acquired a new stake in Mama’s Creations during the 4th quarter valued at approximately $4,664,000. Thompson Siegel & Walmsley LLC acquired a new stake in Mama’s Creations during the 4th quarter valued at approximately $3,389,000. Finally, Rice Hall James & Associates LLC acquired a new stake in Mama’s Creations during the 1st quarter valued at approximately $2,121,000. 45.18% of the stock is currently owned by institutional investors and hedge funds.

Mama’s Creations Company Profile

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.