SunOpta Now Covered by Imperial Capital (SOY)
Stock analysts at Imperial Capital started coverage on shares of SunOpta (TSE:SOY) in a report issued on Thursday, Analyst Ratings Network.com reports. The firm set an “outperform” rating and a C$13.00 price target on the stock. Imperial Capital’s target price would suggest a potential upside of 25.24% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Pi Financial raised their price target on shares of SunOpta from C$9.25 to C$11.00 in a research note to investors on Sunday, September 22nd. They now have a “buy” rating on the stock. Separately, analysts at Octagon Capital raised their price target on shares of SunOpta from C$7.60 to C$10.00 in a research note to investors on Friday, August 16th. Finally, analysts at Desjardins raised their price target on shares of SunOpta from C$6.50 to C$9.00 in a research note to investors on Tuesday, August 13th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$10.60.
SunOpta (TSE:SOY) traded up 2.98% during mid-day trading on Thursday, hitting $10.38. The stock had a trading volume of 106,996 shares. SunOpta has a 52-week low of $5.35 and a 52-week high of $10.67. The stock’s 50-day moving average is $9.22 and its 200-day moving average is $8.06. The company has a market cap of $688.5 million and a price-to-earnings ratio of 1008.00.
SunOpta Inc (TSE:SOY) is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being.
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