Superior Plus Corp. (SPB) Given Consensus Recommendation of “Buy” by Brokerages
Superior Plus Corp. (TSE:SPB) has received a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is C$13.81.
A number of equities research analysts have recently issued reports on the stock. Scotiabank boosted their target price on shares of Superior Plus Corp. from C$13.50 to C$13.75 and gave the company a “sector perform” rating in a research report on Wednesday, May 3rd. TD Securities reissued a “hold” rating and issued a C$14.00 target price on shares of Superior Plus Corp. in a research report on Thursday, May 4th.
Superior Plus Corp. (TSE:SPB) traded down 0.61% during trading on Friday, hitting $11.50. 56,579 shares of the stock were exchanged. Superior Plus Corp. has a 52 week low of $10.80 and a 52 week high of $13.34. The stock has a market capitalization of $1.64 billion and a price-to-earnings ratio of 6.73. The firm has a 50-day moving average of $11.20 and a 200-day moving average of $12.19.
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.06 per share. The ex-dividend date is Tuesday, August 29th. This represents a $0.72 annualized dividend and a yield of 6.22%.
About Superior Plus Corp.
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.
Receive News & Ratings for Superior Plus Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Plus Corp. and related companies with MarketBeat.com's FREE daily email newsletter.