SunOpta Hits New 52-Week High at $13.90 (STKL)
SunOpta (NASDAQ:STKL)’s share price hit a new 52-week high on Monday , American Banking News.com reports. The company traded as high as $13.90 and last traded at $13.87, with a volume of 96,490 shares. The stock had previously closed at $13.50.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of SunOpta in a research note on Tuesday, June 17th. They now have a $15.00 price target on the stock, up previously from $12.00. Separately, analysts at Northland Securities raised their price target on shares of SunOpta from $11.50 to $15.00 in a research note on Thursday, May 15th. They now have an “outperform” rating on the stock. Finally, analysts at Desjardins downgraded shares of SunOpta from a “hold” rating to a “sell” rating in a research note on Thursday, April 17th. They now have a $10.25 price target on the stock, up previously from $8.50. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. SunOpta has a consensus rating of “Buy” and an average target price of $13.13.
The stock has a 50-day moving average of $12.92 and a 200-day moving average of $10.98. The company’s market cap is $939.0 million.
SunOpta (NASDAQ:STKL) last released its earnings data on Tuesday, May 13th. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.08 by $0.02. The company had revenue of $333.50 million for the quarter, compared to the consensus estimate of $297.27 million. On average, analysts predict that SunOpta will post $0.44 earnings per share for the current fiscal year.
SunOpta Inc (NASDAQ:STKL) is a global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being.
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