▲ +40.15% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for MTY Food Group in the last 3 months. The average price target is $44.75, with a high forecast of $47.00 and a low forecast of $43.00. The average price target represents a 40.15% upside from the last price of $31.93.
The current consensus among 4 investment analysts is to hold stock in MTY Food Group.
MTY Food Group Inc. franchises and operates quick service, fast casual, and casual dining restaurants in Canada, the United States, and internationally. The company franchises and operates corporate-owned locations in the quick service restaurant and casual dining segments of the restaurant industry; and sells retail products under a multitude of banners. It also operates two distribution centers and two food processing plants. As of May 31, 2020, the company had 7,236 locations comprising 7,077 franchised, 22 joint ventures, and 137 company operated locations. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group Inc. in July 2003. MTY Food Group Inc. was founded in 1979 and is headquartered in Saint-Laurent, Canada.