Saputo Inc. (OTCMKTS:SAPIF) Given Average Recommendation of “Moderate Buy” by Brokerages

Saputo Inc. (OTCMKTS:SAPIF) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Saputo in a research note on Monday, June 8th.

Saputo Trading Down 0.7%

Shares of SAPIF stock opened at $28.95 on Friday. Saputo has a 1 year low of $19.90 and a 1 year high of $32.49. The stock has a fifty day moving average of $29.74 and a two-hundred day moving average of $30.24.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.