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

Shares of Saputo Inc. (OTCMKTS:SAPIF) have received an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of research analysts have recently weighed in on the stock. TD Securities restated a “buy” rating on shares of Saputo in a report on Friday, November 28th. Scotiabank restated an “outperform” rating on shares of Saputo in a report on Thursday, January 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Saputo in a research report on Monday, February 2nd.

Saputo Trading Up 0.7%

OTCMKTS SAPIF opened at $31.39 on Tuesday. Saputo has a 12-month low of $16.46 and a 12-month high of $32.24. The company has a 50 day moving average price of $29.72 and a two-hundred day moving average price of $26.21.

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.