Superior Plus Corp. (TSE:SPB) Price Target Cut to C$13.00 by Analysts at TD Securities
Superior Plus Corp. (TSE:SPB) had its price objective cut by stock analysts at TD Securities from C$14.00 to C$13.00 in a report issued on Thursday. The firm currently has a “hold” rating on the stock. TD Securities’ price target would indicate a potential upside of 14.24% from the company’s current price.
Separately, Scotiabank raised their target price on shares of Superior Plus Corp. from C$13.50 to C$13.75 and gave the company a “sector perform” rating in a research note on Wednesday, May 3rd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$13.81.
Shares of Superior Plus Corp. (TSE:SPB) traded down 1.41% during midday trading on Thursday, hitting $11.22. 229,122 shares of the company traded hands. The stock has a 50 day moving average of $11.20 and a 200-day moving average of $12.24. The stock has a market capitalization of $1.60 billion and a PE ratio of 6.88. Superior Plus Corp. has a 52 week low of $10.80 and a 52 week high of $13.34.
Superior Plus Corp. Company Profile
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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