Rogers Sugar (TSE:RSI - Get Free Report) had its price target lowered by research analysts at Scotiabank from C$6.25 to C$6.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an "equal weight" rating on the stock. Scotiabank's price objective would indicate a potential upside of 12.99% from the stock's previous close.
Separately, BMO Capital Markets reduced their price objective on Rogers Sugar from C$7.00 to C$6.50 and set a "market perform" rating on the stock in a research note on Friday. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of C$6.40.
Get Our Latest Stock Analysis on RSI
Rogers Sugar Price Performance
Shares of RSI stock traded down C$0.05 during trading hours on Friday, hitting C$5.31. The stock had a trading volume of 597,356 shares, compared to its average volume of 266,538. Rogers Sugar has a one year low of C$5.12 and a one year high of C$6.47. 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 50-day moving average price is C$5.91 and its two-hundred day moving average price is C$5.74. The stock has a market capitalization of C$679.26 million, a price-to-earnings ratio of 14.35 and a beta of 0.60.
Insider Activity at Rogers Sugar
In other Rogers Sugar news, Senior Officer Patrick Dionne sold 50,352 shares of the company's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$6.37, for a total transaction of C$320,943.65. Also, Senior Officer Michael Walton sold 20,000 shares of the company's stock in a transaction on Friday, December 20th. The stock was sold at an average price of C$5.96, for a total value of C$119,200.00. 0.28% of the stock is owned by company insiders.
Rogers Sugar Company Profile
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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.
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