Scotiabank reissued their sector perform rating on shares of Superior Plus Corp. (TSE:SPB) in a research report report published on Wednesday. The firm currently has a C$12.50 target price on the stock.
SPB has been the topic of several other research reports. Royal Bank Of Canada reiterated an outperform rating and set a C$12.00 price target on shares of Superior Plus Corp. in a research report on Tuesday, July 5th. TD Securities reduced their price target on shares of Superior Plus Corp. from C$14.50 to C$14.00 and set an action list buy rating on the stock in a research report on Monday, July 4th. Canaccord Genuity reissued a buy rating and set a C$12.50 price objective on shares of Superior Plus Corp. in a research note on Thursday, July 14th. CIBC reissued a sector perform rating and set a C$12.00 price objective on shares of Superior Plus Corp. in a research note on Wednesday, July 6th. Finally, AltaCorp Capital raised shares of Superior Plus Corp. from a sector perform rating to an outperform rating in a research note on Wednesday, July 6th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Superior Plus Corp. currently has an average rating of Buy and a consensus target price of C$12.36.
Shares of Superior Plus Corp. (TSE:SPB) opened at 11.41 on Wednesday. The company has a market cap of $1.62 billion and a P/E ratio of 16.88. The company’s 50-day moving average price is $11.72 and its 200 day moving average price is $11.02. Superior Plus Corp. has a 52 week low of $8.42 and a 52 week high of $12.20.
The company also recently announced a monthly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th will be paid a $0.06 dividend. The ex-dividend date is Thursday, October 27th. This represents a $0.72 annualized dividend and a dividend yield of 6.31%.
About Superior Plus Corp.
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through three segments: Energy Services, Specialty Chemicals and Construction Products Distribution. Superior’s Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S.
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