Brokerages Set Mama’s Creations, Inc. (NASDAQ:MAMA) Price Target at $7.88

Shares of Mama’s Creations, Inc. (NASDAQ:MAMA) have been assigned a consensus recommendation of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have covered the stock in the last year is $7.88.

A number of brokerages have weighed in on MAMA. Roth Capital reiterated a “buy” rating on shares of Mama’s Creations in a research report on Thursday, February 1st. TheStreet upgraded Mama’s Creations from a “c+” rating to a “b-” rating in a research report on Thursday, February 22nd. Lake Street Capital upped their price target on Mama’s Creations from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Finally, Roth Mkm reiterated a “buy” rating and issued a $6.50 price target (up from $6.00) on shares of Mama’s Creations in a research report on Thursday, April 25th.

Mama’s Creations Stock Performance

MAMA opened at $6.00 on Thursday. The stock has a market cap of $223.56 million, a PE ratio of 33.33 and a beta of 1.08. The company has a current ratio of 1.41, a quick ratio of 1.21 and a debt-to-equity ratio of 0.32. Mama’s Creations has a 1 year low of $2.28 and a 1 year high of $6.07. The stock’s 50 day simple moving average is $5.03 and its 200-day simple moving average is $4.47.

Institutional Trading of Mama’s Creations

Several large investors have recently made changes to their positions in MAMA. Thompson Siegel & Walmsley LLC bought a new stake in shares of Mama’s Creations during the fourth quarter worth $3,389,000. Jump Financial LLC bought a new stake in shares of Mama’s Creations during the fourth quarter worth $323,000. Heartland Advisors Inc. bought a new stake in shares of Mama’s Creations during the fourth quarter worth $4,664,000. Navellier & Associates Inc. bought a new stake in shares of Mama’s Creations during the fourth quarter worth $571,000. Finally, Worth Venture Partners LLC bought a new stake in shares of Mama’s Creations during the fourth quarter worth $63,000. Institutional investors own 45.18% of the company’s stock.

Mama’s Creations Company Profile

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.