Etienne Ricard, an analyst from BMO Capital, maintained the Buy rating on Maple Leaf Foods. The associated price target is C$36.00.
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Etienne Ricard has given his Buy rating due to a combination of factors, including Maple Leaf Foods’ resilient revenue growth and improving profitability outlook into 2026. The company is posting high‑single‑digit sales gains, particularly in its Prepared Foods and Poultry segments, while easing pork input costs and recent price actions support a steady recovery in margins and EBITDA.
Ricard also highlights that management reaffirmed a robust 2026 EBITDA target range that implies further margin expansion, reinforcing confidence in earnings growth. Coupled with product innovation, U.S. market expansion, and disciplined capital allocation that supports a premium valuation multiple, these fundamentals underpin his increased target price and justify a Buy recommendation on the stock.
In another report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a C$35.00 price target.
MFI’s price has also changed moderately for the past six months – from C$35.160 to C$28.310, which is a -19.48% drop .