Rogers Sugar (TSE:RSI) had its price objective lowered by BMO Capital Markets from C$5.50 to C$5.00 in a research note issued to investors on Friday morning, BayStreet.CA reports.
Other analysts have also issued reports about the stock. Desjardins cut their target price on shares of Rogers Sugar from C$6.00 to C$5.25 in a research note on Friday. National Bank Financial cut 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.
RSI stock opened at C$5.36 on Friday. Rogers Sugar has a 12 month low of C$5.23 and a 12 month high of C$6.17. The firm has a market capitalization of $562.84 million and a price-to-earnings ratio of 13.71. The company’s 50 day simple moving average is C$5.67. The company has a current ratio of 2.23, a quick ratio of 0.80 and a debt-to-equity ratio of 100.53.
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.
Receive News & Ratings for Rogers Sugar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Sugar and related companies with MarketBeat.com's FREE daily email newsletter.