Shares of Saputo Inc. (OTCMKTS:SAPIF – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.
Separately, Jefferies Financial Group lowered shares of Saputo to a “hold” rating in a report on Friday, July 24th.
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Saputo Stock Up 1.7%
Shares of OTCMKTS SAPIF opened at $28.18 on Friday. Saputo has a 1-year low of $23.73 and a 1-year high of $32.49. The company has a 50-day moving average of $28.69 and a two-hundred day moving average of $29.30.
Saputo Company Profile
Saputo Inc is a Canadian dairy processor headquartered in Montreal, Quebec. The company produces, markets and distributes a broad range of dairy products, including cheese, milk, cream, cultured products, butter and dairy ingredients. Its product portfolio serves retail, foodservice and industrial customers.
Founded in 1954 by Lino Saputo, the company has expanded from a small cheese business into an international dairy operation. Saputo serves customers across Canada, the United States, Australia, Argentina and the United Kingdom, selling products under a variety of national, regional and private-label brands.
Saputo operates through several business divisions focused on dairy products and ingredients.
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