Lake Street Capital Raises Mama’s Creations (NASDAQ:MAMA) Price Target to $7.00

Mama’s Creations (NASDAQ:MAMA) had its price objective upped by stock analysts at Lake Street Capital from $6.00 to $7.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Lake Street Capital’s price objective indicates a potential upside of 16.67% from the stock’s previous close.

MAMA has been the subject of several other reports. Roth Mkm reaffirmed a “buy” rating and set a $6.50 price objective (up from $6.00) on shares of Mama’s Creations in a research report on Thursday. TheStreet raised Mama’s Creations from a “c+” rating to a “b-” rating in a research report on Thursday, February 22nd. Finally, Roth Capital reiterated a “buy” rating on shares of Mama’s Creations in a research note on Thursday, February 1st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Mama’s Creations presently has a consensus rating of “Buy” and an average target price of $7.88.

Mama’s Creations Stock Up 8.3 %

Shares of Mama’s Creations stock opened at $6.00 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.24. The company has a market capitalization of $223.56 million, a P/E ratio of 33.33 and a beta of 1.08. The business has a 50-day moving average of $4.95 and a two-hundred day moving average of $4.43. Mama’s Creations has a 1 year low of $1.83 and a 1 year high of $6.07.

Institutional Investors Weigh In On Mama’s Creations

Large investors have recently modified their holdings of the business. Worth Venture Partners LLC acquired a new stake in shares of Mama’s Creations in the 4th quarter valued at $63,000. Quadrature Capital Ltd acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at $182,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at $191,000. Pinnacle Holdings LLC acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at $236,000. Finally, Jump Financial LLC acquired a new stake in shares of Mama’s Creations during the 4th quarter valued at $323,000. Institutional investors and hedge funds own 45.18% of the company’s stock.

About Mama’s Creations

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.