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Happy Belly Food Group ( (TSE:HBFG) ) has issued an announcement.
Happy Belly Food Group’s Heal Wellness has announced the signing of its first real-estate location in Montreal, Quebec, marking a significant step in its coast-to-coast expansion. This move reflects the company’s strategic focus on Quebec as a priority growth market and demonstrates confidence in its scalable franchise model. With 27 locations already operating and 168 more in development, Heal Wellness aims to become North America’s leading smoothie bowl chain. The announcement underscores Happy Belly’s successful strategy in launching and scaling emerging brands, with 626 contractually committed retail franchise locations across its portfolio.
The most recent analyst rating on (TSE:HBFG) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Happy Belly Food Group stock, see the TSE:HBFG Stock Forecast page.
Spark’s Take on TSE:HBFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HBFG is a Neutral.
The overall stock score reflects significant financial challenges, including high leverage and negative profitability, which are the most impactful factors. Technical indicators are neutral, providing no strong directional bias, while valuation metrics suggest potential overvaluation.
To see Spark’s full report on TSE:HBFG stock, click here.
More about Happy Belly Food Group
Happy Belly Food Group Inc. is a leader in acquiring and scaling emerging food brands across Canada. The company focuses on expanding its portfolio of quick-service restaurant brands, such as Heal Wellness, which specializes in fresh smoothie bowls and smoothies.
Average Trading Volume: 112,643
Technical Sentiment Signal: Buy
Current Market Cap: C$178.7M
Learn more about HBFG stock on TipRanks’ Stock Analysis page.