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

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

A number of equities analysts have commented on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Maple Leaf Foods in a research report on Friday, May 8th. Desjardins began coverage on shares of Maple Leaf Foods in a report on Tuesday, May 26th. They issued a “buy” rating on the stock. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th.

Maple Leaf Foods Trading Down 1.5%

Maple Leaf Foods stock opened at $20.41 on Wednesday. Maple Leaf Foods has a 52 week low of $16.68 and a 52 week high of $26.13. The stock has a 50-day simple moving average of $21.44 and a 200 day simple moving average of $20.64.

About Maple Leaf Foods

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.