Bullboard - Stock Discussion Forum Maple Leaf Foods Inc T.MFI

Alternate Symbol(s): MLFNF

Maple Leaf Foods Inc. is a carbon neutral company. The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, value-added fresh pork and poultry, and plant protein products. It operates through two segments: the Meat Protein Group and the Plant Protein Group. The Meat Protein Group segment is comprised of prepared meats, ready-to-cook and ready-to... see more

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TSX:MFI - Post Discussion

Maple Leaf Foods Inc > “outperform” rating

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Post by sunshine7 on Feb 01, 2021 12:58pm

“outperform” rating

* RBC Dominion Securities analyst Irene Nattel lowered her target for Maple Leaf Foods Inc. (

MFI-T

+1.48%

) to $33 from $34 with an “outperform” rating. The average is $34.25.

Still significant upside here.

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Comment by ol_griz on Feb 02, 2021 12:08pm

And yet a dreadful performance so far this year. Looks like we are headed for $24 at best. Thoughts on why? I am mystified.

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Comment by wallopnd on Feb 02, 2021 1:24pm

I'm thinking it's because they bought that new manufacturing plant. It's probably a little disappointing because that means the new plant based protein factory is not going to be completed anytime soon. They also had issues with keeping the plant protein factories online in the last quarter. So it's probably being read as yet another sign of poor execution. I think the overall ...more

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