Saputo (TSE:SAP) had its price objective upped by TD Securities from C$41.00 to C$45.00 in a report issued on Friday, BayStreet.CA reports. They currently have a hold rating on the stock.
Several other equities analysts also recently commented on SAP. BMO Capital Markets upped their price objective on shares of Saputo from C$44.00 to C$45.00 in a research note on Monday, April 29th. Desjardins downgraded shares of Saputo from a buy rating to a hold rating in a research note on Friday, June 7th. Royal Bank of Canada lowered their price objective on shares of Saputo from C$52.00 to C$50.00 and set an outperform rating for the company in a research note on Friday, June 7th. National Bank Financial upped their price objective on shares of Saputo from C$43.00 to C$44.00 and gave the company a sector perform rating in a research note on Friday. Finally, CIBC lowered their price objective on shares of Saputo from C$47.00 to C$43.00 and set a neutral rating for the company in a research note on Friday, June 7th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Saputo currently has a consensus rating of Hold and a consensus target price of C$45.67.
Saputo stock remained flat at $C$42.06 during mid-day trading on Friday. 626,600 shares of the company’s stock traded hands, compared to its average volume of 450,434. The company has a current ratio of 1.62, a quick ratio of 0.72 and a debt-to-equity ratio of 44.23. The stock has a market capitalization of $16.41 billion and a PE ratio of 21.79. The business has a 50 day moving average price of C$39.74. Saputo has a 1-year low of C$35.56 and a 1-year high of C$46.41.
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and internationally. It offers cheese products, including mozzarella and cheddar; specialty cheese, such as ricotta, provolone, parmesan, goat cheese, feta, and havarti; fine cheese, such as brie and camembert; other cheese, including brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheese; and butter.
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