Saputo Inc. (OTCMKTS:SAPIF) Given Average Recommendation of “Moderate Buy” by Analysts

Saputo Inc. (OTCMKTS:SAPIF) has earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

Separately, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Stock Down 0.7%

Shares of SAPIF stock opened at $28.95 on Friday. The stock has a 50-day simple moving average of $29.74 and a 200 day simple moving average of $30.24. Saputo has a fifty-two week low of $19.90 and a fifty-two week high of $32.49.

Saputo Company Profile

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.