Superior Plus (TSE:SPB) Stock Gets Price Target Trim from Desjardins

Superior Plus (TSE:SPB) had its price objective cut by Desjardins from C$8.75 to C$8.25 in a report published on Monday,BayStreet reports. They currently have a hold rating on the stock.

SPB has been the subject of a number of other reports. Royal Bank Of Canada downgraded Superior Plus from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 10th. TD cut their price objective on Superior Plus from C$8.00 to C$7.50 in a research report on Tuesday, October 20th. Finally, Scotia boosted their price objective on Superior Plus from C$8.50 to C$9.00 and gave the stock a “sector perform” rating in a research report on Monday, August 10th. Three analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$8.52.

Superior Plus Trading Up 0.1%

TSE:SPB opened at C$6.89 on Monday. The company has a debt-to-equity ratio of 193.48, a quick ratio of 0.46 and a current ratio of 0.91. The firm has a market cap of C$1.48 billion, a price-to-earnings ratio of 689.00 and a beta of 0.43. Superior Plus has a 52 week low of C$6.06 and a 52 week high of C$8.86. The firm has a 50-day moving average price of C$7.04 and a two-hundred day moving average price of C$7.35.

Superior Plus Company Profile

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.