Superior Plus Corp. (TSE:SPB) Stock Has Consensus Price Target of C$8.52

Superior Plus Corp. (TSE:SPB) has received a consensus rating of “Hold” from the twelve brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$8.52.

SPB has been the subject of several recent research reports. TD cut shares of Superior Plus from a “hold” rating to a “sell” rating and set a C$7.50 target price for the company. in a report on Thursday, November 5th. Scotia upped their price target on shares of Superior Plus from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a report on Monday, August 10th. Desjardins lowered their price target on shares of Superior Plus from C$8.75 to C$8.25 and set a “hold” rating on the stock in a report on Monday, October 26th. TD Securities downgraded Superior Plus from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 4th. Finally, Royal Bank Of Canada lowered Superior Plus from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 10th.

Superior Plus Stock Performance

SPB opened at C$5.31 on Monday. Superior Plus has a 12-month low of C$5.23 and a 12-month high of C$8.86. The company has a current ratio of 0.91, a quick ratio of 0.46 and a debt-to-equity ratio of 193.48. The firm has a market capitalization of C$1.14 billion, a PE ratio of 531.00 and a beta of 0.31. The firm has a 50 day moving average of C$6.84 and a two-hundred day moving average of C$7.29.

Superior Plus Company Profile

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.