Maple Leaf Foods Inc T.MFI

MANY , MANY ANALYSTS - all down

[Possibleidiot01]

• Maple Leaf Foods (TSE:MFI) had its price target lowered by analysts at BMO Capital Markets from C$31.00 to C$29.00. This represents a 26.7% upside from the current price of C$22.88.
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• Maple Leaf Foods (TSE:MFI) had its price target lowered by analysts at Scotiabank from C$37.50 to C$33.50. They now have an "outperform" rating on the stock. This represents a 46.4% upside from the current price of C$22.88.
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• Maple Leaf Foods (TSE:MFI) had its price target lowered by analysts at Royal Bank of Canada from C$32.00 to C$29.00. They now have an "outperform" rating on the stock. This represents a 26.7% upside from the current price of C$22.88.
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• Maple Leaf Foods (TSE:MFI) was downgraded by analysts at TD Securities from an "action list buy" rating to a "buy" rating. They now have a C$31.00 price target on the stock, down previously from C$40.00. This represents a 35.5% upside from the current price of C$22.88.
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• Maple Leaf Foods (TSE:MFI) had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$35.00 to C$30.00. They now have a "buy" rating on the stock. This represents a 31.1% upside from the current price of C$22.88.
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• Maple Leaf Foods (TSE:MFI) had its price target lowered by analysts at CIBC from C$36.00 to C$32.00. They now have an "outperform" rating on the stock. This represents a 39.9% upside from the current price of C$22.88.

[Puma1back]

The total mess in the pork markets and the fluff pricing off the non-meat division have brought the share price back to earth. Near 4% yield isn't bad though imo

[Puma1back]

Todays action was strange, up when the market was down; dropped like a rock as markets recovered????

[Puma1back]

don't see any news of  significance out there to explain the drop , though it was following the market for a while then bucked the trend to close green.  BMO came out with a positive short preview of upcoming Q , so nothing there to explain the drop.    the stock spent the month to date climbing back from the Q 1 knockdown and overall resumption of upward channel

[Puma1back]

well a comfortable blow through the 50 dma this time even through a soft market   

[Puma1back]

Scotia’s George Doumet reduced his target for Maple Leaf Foods Inc. ( MFI-T -3.90%decrease   ) to $31.50 from $33.50 with a “sector outperform” rating, while CIBC’s Mark Petrie cut his target to $31 from $32 with an “outperformer” rating. The average is $30.07.   “Results came in a tad weaker, but there was still lots to like in the quarter,” said Mr. Doumet

[Puma1back]

Dont think this cut & paste will work but here it goes. An analyst rating or target price change has occurred for stocks in your portfolio. Stock Security Description Source Rating Date Previous Rating   Current Rating Price

[Puma1back]

Trying again