Shares of Saputo Inc. (OTCMKTS:SAPIF – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
Separately, Jefferies Financial Group lowered Saputo to a “hold” rating in a report on Friday, July 24th.
Get Our Latest Stock Analysis on SAPIF
Saputo Price Performance
Shares of SAPIF opened at $28.11 on Friday. The stock has a 50 day moving average price of $28.68 and a two-hundred day moving average price of $29.30. Saputo has a 52 week low of $23.80 and a 52 week high of $32.49.
About Saputo
Saputo Inc is a Canadian dairy processor headquartered in Montreal, Quebec. The company produces, markets and distributes a broad range of dairy products, including cheese, milk, cream, cultured products, butter and dairy ingredients. Its product portfolio serves retail, foodservice and industrial customers.
Founded in 1954 by Lino Saputo, the company has expanded from a small cheese business into an international dairy operation. Saputo serves customers across Canada, the United States, Australia, Argentina and the United Kingdom, selling products under a variety of national, regional and private-label brands.
Saputo operates through several business divisions focused on dairy products and ingredients.
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