Rogers Sugar Inc (TSE:RSI) had its price objective raised by BMO Capital Markets from C$6.00 to C$6.50 in a research report sent to investors on Thursday. They currently have a hold rating on the stock.

Several other brokerages have also recently weighed in on RSI. TD Securities increased their target price on Rogers Sugar from C$5.50 to C$6.00 and gave the company a hold rating in a report on Thursday, July 28th. Scotiabank increased their target price on Rogers Sugar from C$5.50 to C$6.00 and gave the company a sector perform rating in a report on Thursday, July 28th.

Shares of Rogers Sugar (TSE:RSI) opened at 6.43 on Thursday. Rogers Sugar has a one year low of $4.00 and a one year high of $6.74. The firm has a 50-day moving average price of $6.26 and a 200-day moving average price of $6.14. The company has a market capitalization of $603.46 million and a P/E ratio of 11.07.

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About Rogers Sugar

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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