TD Securities Boosts Rogers Sugar Inc (RSI) Price Target to C$6.50
Rogers Sugar Inc (TSE:RSI) had its price target hoisted by research analysts at TD Securities from C$6.00 to C$6.50 in a research note issued on Thursday. The firm presently has a “hold” rating on the stock. TD Securities’ price objective points to a potential upside of 5.69% from the company’s previous close.
Other equities analysts also recently issued reports about the company. BMO Capital Markets restated a “market perform” rating and issued a C$6.25 price objective on shares of Rogers Sugar in a report on Thursday, July 28th. Scotiabank raised their price objective on Rogers Sugar from C$5.50 to C$6.00 and gave the stock a “sector perform” rating in a report on Thursday, July 28th.
Shares of Rogers Sugar (TSE:RSI) traded up 5.04% during trading on Thursday, hitting $6.46. The stock had a trading volume of 236,395 shares. The stock’s 50-day moving average price is $6.26 and its 200-day moving average price is $6.14. Rogers Sugar has a one year low of $4.00 and a one year high of $6.74. The company has a market cap of $606.27 million and a P/E ratio of 11.12.
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Rogers Sugar Company Profile
Rogers Sugar Inc is a Canada-based company, which is engaged in the refining, packaging and marketing of sugar products. The Company holds all of the common shares of Lantic Inc (Lantic), which operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta.
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