Superior Plus (TSE:SPB - Get Free Report) had its price target lifted by equities researchers at BMO Capital Markets from C$8.00 to C$9.00 in a research note issued on Thursday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. BMO Capital Markets' price target points to a potential upside of 41.96% from the stock's current price.
Other research analysts have also recently issued reports about the company. TD Securities upped their price objective on Superior Plus from C$7.50 to C$9.00 in a research report on Thursday, December 5th. CIBC upped their price objective on Superior Plus from C$8.50 to C$9.00 and gave the company an "outperform" rating in a research note on Thursday, January 9th. Finally, Raymond James raised shares of Superior Plus from a "hold" rating to a "moderate buy" rating in a report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$9.85.
Get Our Latest Stock Analysis on Superior Plus
Superior Plus Trading Down 0.9 %
TSE:SPB traded down C$0.06 on Thursday, reaching C$6.34. The company's stock had a trading volume of 1,303,581 shares, compared to its average volume of 938,781. The firm has a market cap of C$1.07 billion, a PE ratio of 23.31 and a beta of 0.76. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67. The business's 50-day moving average price is C$6.37 and its two-hundred day moving average price is C$6.63. Superior Plus has a 1-year low of C$5.15 and a 1-year high of C$9.77.
About Superior Plus
(
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Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.
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