Saputo Inc. (OTCMKTS:SAPIF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Saputo Inc. (OTCMKTS:SAPIF) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

SAPIF has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Saputo in a report on Friday, October 31st. Scotiabank reaffirmed an “outperform” rating on shares of Saputo in a research note on Thursday. Finally, TD Securities reiterated a “buy” rating on shares of Saputo in a research report on Friday, November 28th.

Saputo Price Performance

Saputo stock opened at $30.10 on Friday. The firm has a 50-day moving average price of $28.66 and a two-hundred day moving average price of $25.05. Saputo has a 52-week low of $15.67 and a 52-week high of $30.45.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.