Royal Bank Of Canada Issues Pessimistic Forecast for Superior Plus (TSE:SPB) Stock Price

Superior Plus (TSE:SPB) had its price objective cut by stock analysts at Royal Bank Of Canada from C$11.00 to C$10.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 58.73% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Scotiabank reduced their target price on Superior Plus from C$10.00 to C$8.50 in a report on Monday, November 17th. National Bank Financial boosted their price objective on Superior Plus from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 17th. TD Securities reduced their price objective on Superior Plus from C$8.50 to C$7.00 and set a “buy” rating for the company in a research note on Friday, February 20th. BMO Capital Markets lowered Superior Plus from an “outperform” rating to a “hold” rating and decreased their target price for the company from C$9.00 to C$8.00 in a research report on Friday, February 20th. Finally, Desjardins boosted their price target on shares of Superior Plus from C$9.00 to C$9.75 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$7.80.

Superior Plus Stock Down 0.9%

Shares of TSE:SPB opened at C$6.30 on Monday. The business’s 50 day moving average is C$7.25 and its 200 day moving average is C$7.42. The stock has a market cap of C$1.40 billion, a price-to-earnings ratio of 90.00 and a beta of 0.49. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. Superior Plus has a 12-month low of C$5.85 and a 12-month high of C$8.34.

Superior Plus (TSE:SPB) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C($3.43) million for the quarter. Superior Plus had a net margin of 1.80% and a return on equity of 4.21%.

Trending Headlines about Superior Plus

Here are the key news stories impacting Superior Plus this week:

• Positive Sentiment: Several large brokers kept constructive ratings despite lowering targets — RBC cut its target from C$11.00 to C$10.00 but remains an “outperform” (large implied upside). This is a sign some analysts still see meaningful upside post-cut. Article Title
• Positive Sentiment: Stifel Nicolaus trimmed its target from C$10.00 to C$9.00 but maintained a “buy” rating, leaving a sizable implied upside — supportive for longer‑term bulls. Article Title
• Positive Sentiment: ATB Cormark lowered its target from C$9.00 to C$8.00 but kept an “outperform” rating, suggesting continued conviction in recovery potential despite the cut. Article Title
• Neutral Sentiment: Raymond James downgraded SPB from “moderate buy” to “hold” and lowered its target to C$8.50 (still a material upside), producing mixed signals: reduced near‑term conviction but a relatively constructive long‑term fair value. Article Title
• Negative Sentiment: TD Securities cut its rating from “strong‑buy” to “hold” — a direct downgrade to conviction that typically pressures the shares. Article Title
• Negative Sentiment: Scotiabank downgraded SPB from “outperform” to “hold” and cut its target to C$6.50 (now only marginally above the current price), removing prior upside support. Article Title
• Negative Sentiment: Desjardins moved from “buy” to “hold” and lowered its target to C$7.00, another downgrade signaling reduced near‑term confidence. Article Title
• Negative Sentiment: National Bank Financial cut its target to C$6.00 and set a “sector perform” rating — the only target now below the current share price, suggesting potential downside if others follow. Article Title

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.