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Canada Packers Inc. ( (TSE:CPKR) ) has shared an update.
Canada Packers Inc. reported a significant increase in its third-quarter financial results, with a 37% rise in pro forma Adjusted EBITDA and a 31.7% increase in earnings compared to the previous year. The company has also declared its first dividend, marking a new chapter as a standalone public entity following its spin-off from Maple Leaf Foods Inc. This move is expected to enhance its market position and provide long-term value for stakeholders.
The most recent analyst rating on (TSE:CPKR) stock is a Hold with a C$18.00 price target. To see the full list of analyst forecasts on Canada Packers Inc. stock, see the TSE:CPKR Stock Forecast page.
More about Canada Packers Inc.
Canada Packers Inc. operates in the food industry, focusing on sustainable pork production. The company offers a diversified product mix and aims to be a global leader in its market.
Average Trading Volume: 179,602
See more insights into CPKR stock on TipRanks’ Stock Analysis page.