Saputo Inc. (OTCMKTS:SAPIF – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.
Several research firms have commented on SAPIF. Jefferies Financial Group lowered shares of Saputo to a “hold” rating in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce initiated coverage on Saputo in a research note on Thursday, October 22nd. They issued a “neutral” rating on the stock.
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Saputo Price Performance
Shares of Saputo stock opened at $30.99 on Thursday. The stock has a 50 day moving average of $28.53 and a 200 day moving average of $29.68. Saputo has a 12 month low of $26.13 and a 12 month high of $32.49.
Saputo Company Profile
Saputo Inc is a Canadian dairy processor and one of the largest dairy companies in the world. Founded in Montreal in 1954 by Lino Saputo, the company produces, distributes and markets a broad range of dairy products for retail, foodservice and industrial customers.
Its product portfolio includes cheese, fluid milk, cream, cultured dairy products, butter, dairy ingredients, milk powders, whey products and other specialty dairy items. Saputo markets products under a range of established regional and international brands, as well as through private-label and business-to-business offerings.
Saputo operates manufacturing facilities and distribution networks across Canada, the United States, Australia, Argentina and the United Kingdom, serving customers in domestic and international markets.
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