National Bank Financial Upgrades MAV Beauty Brands (TSE:MAV) to “Outperform”

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National Bank Financial upgraded shares of MAV Beauty Brands (TSE:MAV) from a sector perform rating to an outperform rating in a research note published on Monday morning, BayStreet.CA reports. They currently have C$6.00 price objective on the stock, up from their previous price objective of C$4.50.

MAV has been the subject of a number of other reports. Raymond James downgraded shares of MAV Beauty Brands from a strong-buy rating to a market perform rating in a research report on Monday, June 8th. CIBC raised their target price on MAV Beauty Brands from C$3.50 to C$4.00 in a research report on Monday, June 8th. Finally, Royal Bank of Canada increased their price target on MAV Beauty Brands from C$3.00 to C$4.00 and gave the stock a sector perform rating in a research note on Monday.

Shares of MAV Beauty Brands stock opened at C$3.51 on Monday. The firm has a market cap of $89.34 million and a PE ratio of 35.10. MAV Beauty Brands has a 1 year low of C$1.78 and a 1 year high of C$6.37. The company has a debt-to-equity ratio of 63.58, a current ratio of 2.62 and a quick ratio of 1.37. The stock has a fifty day moving average price of C$2.45 and a 200-day moving average price of C$2.84.

MAV Beauty Brands (TSE:MAV) last posted its quarterly earnings results on Friday, June 5th. The company reported C$0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.07 by C$0.06. The company had revenue of C$42.13 million for the quarter, compared to the consensus estimate of C$38.10 million. As a group, equities analysts anticipate that MAV Beauty Brands will post 0.47 EPS for the current fiscal year.

MAV Beauty Brands Company Profile

MAV Beauty Brands Inc operates as a personal care company. The company offers hair care, body care, and beauty products, such as shampoos, conditioners, hair styling products, treatments, body wash products, and body and hand lotions under the Marc Anthony True Professional, Renpure, and Cake Beauty brand names.

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