Superior Plus Corp. (SPB) Receives Consensus Rating of “Buy” from Analysts
Superior Plus Corp. (TSE:SPB) has earned an average rating of “Buy” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$13.84.
SPB has been the topic of several research reports. Scotiabank reissued a “sector perform” rating and issued a C$13.50 price objective on shares of Superior Plus Corp. in a research report on Friday, April 7th. TD Securities reissued a “hold” rating and issued a C$14.00 price objective on shares of Superior Plus Corp. in a research report on Thursday, May 4th.
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Superior Plus Corp. (SPB) traded down 0.09% on Monday, reaching $11.07. The company had a trading volume of 48,190 shares. The stock has a market capitalization of $1.58 billion and a P/E ratio of 6.78. Superior Plus Corp. has a 12 month low of $10.98 and a 12 month high of $13.34. The firm has a 50-day moving average of $11.45 and a 200-day moving average of $12.40.
The company also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 15th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $0.72 dividend on an annualized basis and a yield of 6.50%.
In other news, insider John Engelen purchased 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 4th. The stock was acquired at an average cost of C$12.55 per share, for a total transaction of C$26,355.00.
Superior Plus Corp. Company Profile
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through two segment: Energy Distribution and Specialty Chemicals. The Company’s Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and the United States refined fuels division.
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