Superior Plus (TSE:SPB – Get Free Report) was downgraded by stock analysts at TD Securities from a “hold” rating to a “strong sell” rating in a report issued on Wednesday, Zacks reports.
A number of other equities research analysts also recently issued reports on the company. TD downgraded Superior Plus from a “hold” rating to a “sell” rating and set a C$7.50 price target for the company. in a research note on Thursday. Desjardins lowered their price objective on shares of Superior Plus from C$8.75 to C$8.25 and set a “hold” rating on the stock in a research note on Monday, October 26th. Royal Bank Of Canada downgraded shares of Superior Plus from an “outperform” rating to a “sector perform” rating in a report on Monday, August 10th. Finally, Scotia boosted their target price on shares of Superior Plus from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Superior Plus presently has an average rating of “Hold” and a consensus price target of C$8.52.
View Our Latest Research Report on SPB
Superior Plus Stock Performance
Shares of SPB opened at C$5.97 on Wednesday. The company has a debt-to-equity ratio of 193.48, a current ratio of 0.91 and a quick ratio of 0.46. Superior Plus has a one year low of C$5.81 and a one year high of C$8.86. The firm has a market capitalization of C$1.28 billion, a P/E ratio of 597.00 and a beta of 0.31. The business has a fifty day moving average of C$6.96 and a 200 day moving average of C$7.32.
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.
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