Rogers Sugar (TSE:RSI) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Rogers Sugar (TSE:RSI - Get Free Report) had its target price upped by stock analysts at BMO Capital Markets from C$6.50 to C$7.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. BMO Capital Markets' target price indicates a potential upside of 14.75% from the company's previous close.

Separately, Scotiabank set a C$6.25 price target on Rogers Sugar and gave the company a "sector perform" rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of C$6.55.

Rogers Sugar Price Performance

RSI traded up C$0.11 on Friday, reaching C$6.10. 901,740 shares of the company's stock were exchanged, compared to its average volume of 184,437. Rogers Sugar has a twelve month low of C$5.12 and a twelve month high of C$6.14. The stock has a market cap of C$780.31 million, a PE ratio of 16.49 and a beta of 0.60. The company has a debt-to-equity ratio of 100.31, a current ratio of 1.66 and a quick ratio of 0.56. The stock's fifty day moving average price is C$5.71 and its 200-day moving average price is C$5.68.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.