Saputo (SAP) PT Set at C$52.00 by TD Securities
Saputo (TSE:SAP) received a C$52.00 price target from investment analysts at TD Securities in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 15.84% from the stock’s previous close.
A number of other research firms have also recently commented on SAP. Desjardins upgraded Saputo from a “hold” rating to a “buy” rating in a research report on Thursday, December 28th. BMO Capital Markets restated a “market perform” rating and set a C$47.00 target price on shares of Saputo in a research report on Friday, October 27th. National Bank Financial restated a “sector perform” rating and set a C$50.00 target price on shares of Saputo in a research report on Monday, October 30th. Finally, Scotiabank dropped their target price on Saputo from C$58.00 to C$57.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. Saputo currently has a consensus rating of “Buy” and an average price target of C$50.14.
Saputo (TSE:SAP) traded down C$0.29 during trading hours on Wednesday, hitting C$44.89. The stock had a trading volume of 205,971 shares, compared to its average volume of 236,188. Saputo has a 52-week low of C$39.74 and a 52-week high of C$48.98. The firm has a market cap of $17,260.00, a PE ratio of 23.75 and a beta of 0.02.
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Saputo Inc produces, markets and distributes dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The Company has three geographic sectors. The Canada Sector consists of Dairy Division (Canada). The USA Sector aggregates the Cheese Division (USA) and the Dairy Foods Division (USA).
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