Pizza Pizza Royalty (TSE:PZA) Price Target Raised to C$17.00 at TD Securities

Pizza Pizza Royalty (TSE:PZA) had its price target boosted by equities research analysts at TD Securities from C$14.00 to C$17.00 in a report released on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ price objective points to a potential upside of 5.39% from the stock’s previous close.

Pizza Pizza Royalty Price Performance

TSE:PZA opened at C$16.13 on Monday. Pizza Pizza Royalty has a 52-week low of C$12.31 and a 52-week high of C$16.41. The stock has a fifty day moving average of C$15.35 and a 200 day moving average of C$14.29. 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 firm has a market capitalization of C$397.40 million, a price-to-earnings ratio of 17.07 and a beta of 0.91.

About Pizza Pizza Royalty

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.