Rogers Sugar Inc (RSI) Rating Reiterated by National Bank Financial
Rogers Sugar Inc (TSE:RSI)‘s stock had its “sector perform under weight” rating restated by investment analysts at National Bank Financial in a report released on Thursday.
Several other research firms have also issued reports on RSI. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$6.25 price objective on shares of Rogers Sugar in a research note on Thursday, July 28th. TD Securities raised their price objective on Rogers Sugar from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Thursday, July 28th. Finally, Scotiabank raised their price objective on Rogers Sugar from C$5.50 to C$6.00 and gave the company a “sector perform” rating in a research note on Thursday, July 28th.
Shares of Rogers Sugar (TSE:RSI) opened at 6.48 on Thursday. The company has a 50-day moving average price of $6.26 and a 200 day moving average price of $6.14. Rogers Sugar has a 52 week low of $4.00 and a 52 week high of $6.74. The stock has a market capitalization of $608.15 million and a PE ratio of 11.15.
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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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