Canaccord Genuity upgraded shares of Superior Plus Corp. (TSE:SPB) from a hold rating to a buy rating in a report published on Thursday morning. They currently have C$13.00 target price on the stock.

Other research analysts have also issued reports about the stock. TD Securities dropped their price objective on shares of Superior Plus Corp. from C$14.00 to C$13.00 and set a hold rating on the stock in a research note on Thursday, August 10th. Scotiabank dropped their price objective on shares of Superior Plus Corp. from C$13.75 to C$13.00 and set a sector perform rating on the stock in a research note on Monday, July 10th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Superior Plus Corp. currently has a consensus rating of Buy and an average target price of C$13.66.

Shares of Superior Plus Corp. (TSE SPB) opened at 12.64 on Thursday. The firm has a 50-day moving average of $11.54 and a 200 day moving average of $12.02. The firm has a market capitalization of $1.80 billion and a price-to-earnings ratio of 7.39. Superior Plus Corp. has a 52 week low of $10.80 and a 52 week high of $13.34.

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The company also recently announced a monthly dividend, which will be paid on Friday, October 13th. Stockholders of record on Saturday, September 30th will be issued a $0.06 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.72 annualized dividend and a dividend yield of 5.70%.

In other news, Director Patrick Edward Gottschalk bought 30,000 shares of the stock in a transaction dated Friday, September 29th. The stock was bought at an average price of C$10.19 per share, for a total transaction of C$305,700.00.

About Superior Plus Corp.

Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through two segment: Energy Distribution and Specialty Chemicals. The Company’s Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and the United States refined fuels division.

Analyst Recommendations for Superior Plus Corp. (TSE:SPB)

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