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

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

A number of brokerages have recently issued reports on SAPIF. Scotiabank restated an “outperform” rating on shares of Saputo in a research note on Monday, February 9th. TD Securities reissued a “buy” rating on shares of Saputo in a research report on Monday, February 9th. BMO Capital Markets restated a “market perform” rating on shares of Saputo in a research note on Monday, February 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Saputo in a research note on Monday, February 2nd.

Saputo Stock Performance

Shares of OTCMKTS SAPIF opened at $31.48 on Friday. Saputo has a one year low of $16.46 and a one year high of $32.24. The business has a fifty day simple moving average of $30.41 and a 200 day simple moving average of $27.37.

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.