Saputo Inc. (OTCMKTS:SAPIF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Saputo Inc. (OTCMKTS:SAPIF) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of research analysts have recently commented on SAPIF shares. Jefferies Financial Group lowered shares of Saputo to a “hold” rating in a research report on Friday, July 24th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Stock Performance

Shares of SAPIF stock opened at $29.90 on Friday. The company has a 50 day moving average of $29.30 and a 200-day moving average of $30.07. Saputo has a 12-month low of $23.67 and a 12-month 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.