Superior Plus (TSE:SPB) Stock Rating Raised to “Hold” at TD Securities

Superior Plus (TSE:SPB) was upgraded by equities research analysts at TD Securities from a “strong sell” rating to a “hold” rating in a report issued on Wednesday, Zacks reports.

A number of other equities research analysts also recently issued reports on the stock. BMO Capital Markets reduced their price objective on shares of Superior Plus from C$8.50 to C$6.50 and set a “market perform” rating on the stock in a research note on Thursday. Raymond James Financial reduced their price objective on Superior Plus from C$8.50 to C$7.00 and set a “market perform” rating on the stock in a research note on Thursday. Royal Bank Of Canada cut Superior Plus from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 10th. National Bank Financial set a C$6.50 target price on Superior Plus and gave the stock a “sector perform” rating in a research note on Thursday. Finally, Desjardins lowered their target price on Superior Plus from C$8.25 to C$6.50 and set a “hold” rating for the company in a research note on Thursday. One research analyst has rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of C$7.62.

Superior Plus Price Performance

Superior Plus stock opened at C$5.42 on Wednesday. The firm has a market cap of C$1.16 billion, a PE ratio of 30.11 and a beta of 0.31. The company has a debt-to-equity ratio of 218.38, a current ratio of 0.88 and a quick ratio of 0.46. The stock’s fifty day moving average price is C$6.80 and its two-hundred day moving average price is C$7.28. Superior Plus has a one year low of C$5.11 and a one year high of C$8.86.

Superior Plus (TSE:SPB) last released its earnings results on Tuesday, November 10th. The company reported C($0.53) earnings per share for the quarter. The company had revenue of C$541.12 million for the quarter. Superior Plus had a net margin of 1.88% and a return on equity of 5.33%. During the same period last year, the firm posted ($0.47) EPS.

More Superior Plus News

These are some of the SPB news items that stood out recently:

• Neutral Sentiment: Superior Plus reported that its Q3 net loss narrowed. However, the earnings report cited a loss of C$0.53 per share, compared with C$0.47 a year earlier, tempering the improvement. Superior Plus Q3 net loss narrows
• Neutral Sentiment: The company declared a fourth-quarter 2026 dividend, which may appeal to income-focused investors; the supplied report does not specify the dividend amount. Superior Plus declares 2026 fourth-quarter dividend
• Negative Sentiment: Several analysts lowered their targets, signaling reduced expectations: BMO and Desjardins cut theirs to C$6.50, while ATB Cormark and Raymond James lowered theirs to C$7.00. National Bank Financial initiated a C$6.50 target. The new targets remain above the cited share price, but the downward revisions could weigh on sentiment. Analyst target changes

About Superior Plus

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.