Superior Plus Corp. (TSE:SPB – Get Free Report) has earned an average rating of “Hold” from the twelve research firms that are currently covering the company, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$8.60.
SPB has been the subject of a number of research reports. Royal Bank Of Canada cut Superior Plus from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 10th. Desjardins upped their target price on Superior Plus from C$8.00 to C$8.75 and gave the stock a “hold” rating in a report on Monday, August 10th. ATB Cormark Capital Markets upped their target price on Superior Plus from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. National Bank Financial increased their target price on Superior Plus from C$7.50 to C$8.50 and gave the company a “sector perform” rating in a research report on Monday, June 1st. Finally, Stifel Nicolaus lifted their price target on Superior Plus from C$9.00 to C$10.00 and gave the company a “buy” rating in a research note on Thursday, May 21st.
Read Our Latest Research Report on SPB
Superior Plus Price Performance
Insider Transactions at Superior Plus
In other Superior Plus news, insider Dale Alan Winger acquired 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average price of C$8.38 per share, for a total transaction of C$25,140.00. Following the acquisition, the insider directly owned 48,000 shares in the company, valued at C$402,240. This represents a 6.67% increase in their ownership of the stock. 0.54% of the stock is currently owned by company insiders.
About Superior Plus
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.
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