Pizza Pizza Royalty (TSE:PZA) Price Target Raised to C$14.00

Pizza Pizza Royalty (TSE:PZA) had its price target lifted by research analysts at TD Securities from C$13.00 to C$14.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price suggests a potential upside of 6.79% from the company’s current price.

Pizza Pizza Royalty Stock Performance

Shares of TSE:PZA traded down C$0.67 during trading on Tuesday, hitting C$13.11. 107,028 shares of the stock were exchanged, compared to its average volume of 51,698. The company’s fifty day simple moving average is C$13.31 and its 200-day simple moving average is C$13.21. The company has a debt-to-equity ratio of 15.72, a quick ratio of 3.03 and a current ratio of 0.19. The company has a market capitalization of C$322.99 million, a price-to-earnings ratio of 13.87 and a beta of 0.91. Pizza Pizza Royalty has a 1-year low of C$12.31 and a 1-year high of C$13.92.

Pizza Pizza Royalty Company Profile

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza73 brands. It offers a flavorful, varied and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians.