MTY Food Group (TSE:MTY) Price Target Raised to C$46.00

MTY Food Group (TSE:MTY) had its target price upped by Raymond James Financial from C$44.00 to C$46.00 in a research report sent to investors on Friday morning,BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

MTY has been the topic of a number of other reports. TD Securities increased their price target on shares of MTY Food Group from C$37.00 to C$45.00 and gave the stock a “hold” rating in a report on Friday. Scotiabank increased their target price on shares of MTY Food Group from C$41.00 to C$46.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Royal Bank Of Canada raised their target price on MTY Food Group from C$45.00 to C$48.00 and gave the company a “sector perform” rating in a research report on Friday. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$47.33.

MTY Food Group Trading Down 1.6%

Shares of TSE:MTY opened at C$43.14 on Friday. MTY Food Group has a 12-month low of C$32.92 and a 12-month high of C$46.36. The business’s fifty day simple moving average is C$40.58 and its 200-day simple moving average is C$38.30. The company has a market capitalization of C$985.36 million, a PE ratio of 29.15, a P/E/G ratio of 0.75 and a beta of 1.12. The company has a current ratio of 0.61, a quick ratio of 0.57 and a debt-to-equity ratio of 142.67.

Key Stories Impacting MTY Food Group

Here are the key news stories impacting MTY Food Group this week:

• Positive Sentiment: Multiple brokerages raised price targets and reiterated/maintained neutral-to-positive ratings, signaling improved analyst confidence (Raymond James to C$46, TD Securities to C$45, National Bank Financial to C$49, Scotiabank to C$46, RBC to C$48). This cluster of hikes supports upside expectations and likely helped buying interest. Analyst Ratings
• Positive Sentiment: MTY reported a return to quarterly profit versus a loss a year earlier — a fundamental improvement that supports the raised targets and reduces near-term earnings risk. G&M: Q4 Profit
• Neutral Sentiment: Company press release / detailed Q4 results provide the underlying financials and metrics investors will parse for sustainability of profit recovery. Useful for modeling but largely confirmatory to the Globe & Mail coverage. Q4 Results Release
• Neutral Sentiment: Earnings call transcript is available for color on margins, same-store sales, and guidance — important for assessing whether profit improvement is durable but not a standalone catalyst. Earnings Call Transcript
• Negative Sentiment: Management warned brands are “walking a fine line” with discounts as consumers hunt deals, highlighting potential margin compression if promotional activity increases — a near-term risk to profitability and a reason some investors may remain cautious. Discounting / Margin Risk

MTY Food Group Company Profile

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company’s operating segment is based on geographical regions namely Canada and US and International. It generates maximum revenue from Canada. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.