Superior Plus Stock Rating Reaffirmed by CIBC (SPB)
Superior Plus (TSE:SPB)‘s stock had its “sector perform” rating reiterated by research analysts at CIBC in a report released on Friday, AnalystRatings.NET reports.
The company also recently announced a jan 14 dividend, which is scheduled for Friday, February 14th. Investors of record on Friday, January 31st will be paid a dividend of 0.05 per share. This represents a dividend yield of 4.8%. The ex-dividend date is Wednesday, January 29th.
A number of other firms have also recently commented on SPB. Analysts at BMO Capital Markets raised their price target on shares of Superior Plus from C$11.75 to C$12.25 in a research note to investors on Tuesday, December 3rd. They now have a “market perform” rating on the stock. Separately, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Superior Plus in a research note to investors on Monday, December 2nd. Finally, analysts at TD Securities cut their price target on shares of Superior Plus from C$12.50 to C$12.00 in a research note to investors on Monday, November 4th. They now have a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Superior Plus has a consensus rating of “Hold” and an average target price of C$12.75.
Superior Plus Corp. is a diversified business company. It holds 100% of Superior plus LP (TSE:SPB), a limited partnership formed between Superior General partner Inc, as general partner and it as limited partner.
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