Superior Plus (TSE:SPB) Stock Rating Lowered by Desjardins

Superior Plus (TSE:SPB) was downgraded by equities researchers at Desjardins from a “buy” rating to a “hold” rating in a report released on Monday,BayStreet.CA reports. They currently have a C$7.00 target price on the stock, down from their prior target price of C$8.75. Desjardins’ price objective indicates a potential upside of 11.11% from the stock’s previous close.

Other analysts have also issued reports about the stock. TD Securities reduced their price target on shares of 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. National Bank Financial lifted their target price on shares of 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. Royal Bank Of Canada decreased their target price on shares of Superior Plus from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research note on Monday. BMO Capital Markets cut Superior Plus from an “outperform” rating to a “hold” rating and lowered their price target for the company from C$9.00 to C$8.00 in a report on Friday, February 20th. Finally, Canadian Imperial Bank of Commerce downgraded Superior Plus from an “outperform” rating to a “hold” rating and dropped their price target for the stock from C$9.00 to C$8.00 in a research note on Friday, February 20th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Superior Plus presently has an average rating of “Hold” and an average target price of C$7.80.

Superior Plus Trading Down 0.9%

Shares of TSE:SPB opened at C$6.30 on Monday. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. Superior Plus has a 1 year low of C$5.85 and a 1 year high of C$8.34. The company has a market cap of C$1.40 billion, a P/E ratio of 90.00 and a beta of 0.49. The stock’s fifty day moving average price is C$7.25 and its 200-day moving average price is C$7.42.

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

Superior Plus News Summary

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

About Superior Plus

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.