Sunopta Hits New 52-Week High at $10.62 (STKL)
Shares of Sunopta (NASDAQ:STKL) hit a new 52-week high during trading on Thursday, American Banking News reports. The stock traded as high as $10.62 and last traded at $10.50, with a volume of 235,559 shares trading hands. The stock had previously closed at $10.16.
STKL has been the subject of a number of recent research reports. Analysts at Imperial Capital initiated coverage on shares of Sunopta in a research note to investors on Thursday, October 10th. They set an “outperform” rating and a $13.00 price target on the stock. Separately, analysts at Cantor Fitzgerald downgraded shares of Sunopta from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 27th. They now have a $11.00 price target on the stock, up previously from $9.50. Finally, analysts at Lake Street Capital initiated coverage on shares of Sunopta in a research note to investors on Wednesday, September 18th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $9.63.
Sunopta has a 52-week low of $5.27 and a 52-week high of $10.62. The stock’s 50-day moving average is $9.69 and its 200-day moving average is $8.3. The company’s market cap is $697.8 million.
SunOpta Inc is a global company focused on natural, organic and specialty foods and natural health products.
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