Rogers Sugar (TSE:RSI) PT Lowered to C$5.25

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Rogers Sugar (TSE:RSI) had its target price reduced by Desjardins from C$6.00 to C$5.25 in a research report report published on Friday, BayStreet.CA reports. Desjardins also issued estimates for Rogers Sugar’s FY2019 earnings at $0.37 EPS and FY2020 earnings at $0.43 EPS.

RSI has been the subject of several other reports. National Bank Financial lowered their target price on shares of Rogers Sugar from C$5.50 to C$5.25 and set a sector perform rating for the company in a research note on Friday. BMO Capital Markets lowered their target price on shares of Rogers Sugar from C$6.00 to C$5.50 in a research note on Friday, May 3rd.

RSI stock opened at C$5.36 on Friday. The stock has a market cap of $562.84 million and a PE ratio of 13.71. The company has a debt-to-equity ratio of 100.53, a current ratio of 2.23 and a quick ratio of 0.80. Rogers Sugar has a one year low of C$5.23 and a one year high of C$6.17. The stock has a 50 day moving average price of C$5.67.

Rogers Sugar Company Profile

Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar and maple products. It offers granulated, plantation raw, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.

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