Rogers Sugar Inc (TSE:RSI) Expected to Earn Q3 2017 Earnings of $0.10 Per Share
Rogers Sugar Inc (TSE:RSI) – Stock analysts at National Bank Financial issued their Q3 2017 earnings estimates for Rogers Sugar in a research report issued on Thursday. National Bank Financial analyst T. Johnson forecasts that the company will post earnings per share of $0.10 for the quarter. National Bank Financial has a “Sector Perform” rating and a $6.75 price objective on the stock. National Bank Financial also issued estimates for Rogers Sugar’s Q4 2017 earnings at $0.12 EPS.
RSI has been the subject of several other reports. Scotiabank upgraded shares of Rogers Sugar from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$6.50 to C$7.00 in a report on Monday, July 31st. TD Securities reiterated a “hold” rating and set a C$6.50 target price on shares of Rogers Sugar in a report on Friday, May 5th. Finally, BMO Capital Markets upgraded shares of Rogers Sugar from a “market perform” rating to an “outperform” rating and lifted their target price for the company from C$6.75 to C$7.00 in a report on Monday, July 31st.
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Rogers Sugar (RSI) opened at 6.82 on Monday. Rogers Sugar has a one year low of $5.75 and a one year high of $6.94. The firm’s 50-day moving average price is $6.34 and its 200 day moving average price is $6.35. The firm has a market capitalization of $641.06 million and a P/E ratio of 12.61.
About Rogers Sugar
Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar products in Canada. It offers white and cubes granulated, Plantation Raw, brown, icing, Steva, liquid, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.
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