Saputo Inc. (SAP) Given New C$45.00 Price Target at National Bank Financial
Several other brokerages have also recently issued reports on SAP. Desjardins restated a hold rating and issued a C$46.00 target price on shares of Saputo in a report on Thursday, September 29th. Scotiabank restated an outperform rating and issued a C$44.00 target price on shares of Saputo in a report on Friday, July 29th. Royal Bank Of Canada raised their target price on shares of Saputo from C$44.00 to C$45.00 and gave the stock a sector perform rating in a report on Thursday, August 4th. CIBC raised their target price on shares of Saputo from C$44.00 to C$45.00 in a report on Wednesday, August 3rd. Finally, TD Securities restated a hold rating and issued a C$42.00 target price on shares of Saputo in a report on Friday, July 29th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Saputo has an average rating of Hold and a consensus price target of C$46.43.
Shares of Saputo (TSE:SAP) opened at 47.50 on Tuesday. The company’s 50-day moving average is $45.06 and its 200 day moving average is $41.37. The firm has a market capitalization of $18.66 billion and a P/E ratio of 29.50. Saputo has a 52-week low of $30.30 and a 52-week high of $47.66.
Saputo Company Profile
Saputo Inc is a Canada-based dairy processor and cheese producer in the United States. Saputo produces, markets, and distributes a variety of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. Its products are sold in 40 countries under brand names such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads, Great Midwest, King’s Choice, Kingsey, La Paulina, Milk2Go, Neilson, Nutrilait, Ricrem, Salemville, Scotsburn4, Stella, Sungold and Treasure Cave.
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