Brokerages Set Superior Plus Corp. (TSE:SPB) Target Price at $12.36
Shares of Superior Plus Corp. (TSE:SPB) have received an average rating of “Buy” from the nine analysts that are currently covering the stock. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$12.36.
Several research firms recently weighed in on SPB. Scotiabank reiterated a “sector perform” rating and issued a C$12.50 target price on shares of Superior Plus Corp. in a research note on Wednesday, September 21st. Canaccord Genuity raised their price target on shares of Superior Plus Corp. from C$12.50 to C$13.00 and gave the stock a “buy” rating in a research note on Tuesday, August 16th. TD Securities restated an “action list buy” rating and set a C$13.50 price target on shares of Superior Plus Corp. in a research note on Thursday, August 11th. CIBC cut their price target on shares of Superior Plus Corp. from C$12.00 to C$11.50 in a research note on Thursday, August 11th. Finally, AltaCorp Capital upgraded shares of Superior Plus Corp. from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, July 6th.
Shares of Superior Plus Corp. (TSE:SPB) opened at 11.64 on Monday. The firm has a 50-day moving average price of $11.72 and a 200-day moving average price of $10.95. The firm has a market capitalization of $1.66 billion and a P/E ratio of 17.22. Superior Plus Corp. has a 52-week low of $8.42 and a 52-week high of $12.20.
About Superior Plus Corp.
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through three segments: Energy Services, Specialty Chemicals and Construction Products Distribution. Superior’s Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S.
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