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Happy Belly Food Group ( (TSE:HBFG) ) has provided an update.
Happy Belly Food Group has appointed Dan Haroun to its Board of Directors, bringing his extensive leadership experience in the food, retail, and restaurant industries to the company. Haroun’s expertise in scaling brands and financial performance is expected to enhance Happy Belly’s strategic execution capabilities as it embarks on accelerated national and US expansion, aiming to establish itself as Canada’s leading restaurant consolidator.
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.
Average Trading Volume: 114,321
Technical Sentiment Signal: Buy
Current Market Cap: C$186.4M
For detailed information about HBFG stock, go to TipRanks’ Stock Analysis page.