Analyst Downgrades – MTY Food Group (TSE:MTY) Stock Gets Downgraded By Scotiabank from Outperform to Sector Perform

ME Staff
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Analyst Ratings For MTY Food Group (TSE:MTY)

Today, MTY Food Group (TSE:MTY) stock was downgraded by Scotiabank from Outperform to Sector Perform with a price target of C$52.00.

There are 2 hold ratings, 1 buy rating on the stock.

The current consensus rating on MTY Food Group (TSE:MTY) is Hold (Score: 2.33) with a consensus target price of C$53.00 per share, a potential .

Some recent analyst ratings include

  • 3/21/2017-Scotiabank was Downgraded by analysts at Scotiabank from a “Outperform ” rating to a ” Sector Perform” rating. They now have a C$52.00 price target on the stock.
  • 12/7/2016-Acumen Capital Reiterated Rating of Buy.
  • 4/12/2016-Laurentian Bank of Canada was Downgraded by analysts at Laurentian Bank of Canada from a “Hold On Valuation” rating to a “” rating.
  • 4/13/2015-LB Securities Upgrade from a “Buy” rating to a “” rating.


    About MTY Food Group (TSE:MTY)
    MTY Food Group Inc is a Canada-based company, which franchises and operates quick-service restaurants. The Company operates in four segments: Franchising, which includes revenue from royalties, supplier contributions, franchise fees, rent, and the construction and renovation of restaurants; Corporate, which includes the direct sale of prepared food to customers; Distribution, which includes distribution of raw materials to restaurants of its Valentine and Franx banners, and processing, which includes the sale of ingredients and prepared food to restaurant chains, distributors and retailers. The Company’s quick-service restaurants operate under various banners, such as Tiki-Ming, Sukiyaki, La Cremiere, Au Vieux Duluth Express, Carrefour Oriental, Panini Pizza Pasta, Franx Supreme, Croissant Plus, Villa Madina, Cultures, Thai Express, Vanellis, Kim Chi, Yogen Fruz, Sushi Shop, Koya Japan, Vie & Nam, Tandori, O’Burger, Tutti Frutti, Taco Time, Country Style, Buns Master and Valentine.

    Recent Trading Activity for MTY Food Group (TSE:MTY)
    Shares of MTY Food Group closed the previous trading session at 49.51 down -1.75 -3.41% with 51,175 shares trading hands.