Superior Plus Corp. (TSE:SPB) Price Target Raised to C$13.50 at Scotiabank
Superior Plus Corp. (TSE:SPB) had its price target lifted by Scotiabank from C$13.00 to C$13.50 in a research note issued to investors on Thursday. They currently have a sector perform rating on the stock.
Separately, TD Securities reaffirmed a hold rating and set a C$14.00 target price on shares of Superior Plus Corp. in a research report on Thursday, May 4th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of C$13.91.
Shares of Superior Plus Corp. (TSE SPB) opened at 11.13 on Thursday. The company has a market cap of $1.59 billion and a PE ratio of 6.82. Superior Plus Corp. has a 12 month low of $10.80 and a 12 month high of $13.34. The stock has a 50 day moving average of $11.26 and a 200-day moving average of $12.29.
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The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 15th will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 6.47%. The ex-dividend date is Thursday, July 27th.
About Superior Plus Corp.
Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The companys Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products.
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