Superior Plus Corp. (TSE:SPB)‘s stock had its “sector perform” rating reissued by research analysts at Scotiabank in a report issued on Wednesday, reports. They presently have a C$12.50 price objective on the stock. Scotiabank’s price target would indicate a potential upside of 8.51% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. TD Securities reissued an “action list buy” rating and issued a C$13.50 target price on shares of Superior Plus Corp. in a research report on Thursday, August 11th. Canaccord Genuity boosted their target price on shares of Superior Plus Corp. from C$12.50 to C$13.00 and gave the company a “buy” rating in a research report on Tuesday, August 16th. CIBC reduced their target price on shares of Superior Plus Corp. from C$12.00 to C$11.50 in a research report on Thursday, August 11th. AltaCorp Capital raised shares of Superior Plus Corp. from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, July 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$12.00 price objective on shares of Superior Plus Corp. in a research report on Tuesday, July 5th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Superior Plus Corp. has a consensus rating of “Buy” and a consensus price target of C$12.36.

Analyst Recommendations for Superior Plus Corp. (TSE:SPB)

Shares of Superior Plus Corp. (TSE:SPB) traded down 1.22% during midday trading on Wednesday, hitting $11.38. 279,355 shares of the company were exchanged. The company has a market capitalization of $1.62 billion and a P/E ratio of 16.83. The company has a 50-day moving average of $11.74 and a 200 day moving average of $11.02. Superior Plus Corp. has a one year low of $8.42 and a one year high of $12.20.

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The business also recently announced a monthly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th will be issued a $0.06 dividend. The ex-dividend date is Thursday, October 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.25%.

About Superior Plus Corp.

Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through three segments: Energy Services, Specialty Chemicals and Construction Products Distribution. Superior’s Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S.

Stock Target Prices

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