Superior Plus Corp. (TSE:SPB) Receives Average Recommendation of "Moderate Buy" from Analysts

Superior Plus Corp. (TSE:SPB - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the nine analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$9.95.

A number of brokerages recently issued reports on SPB. TD Securities increased their target price on shares of Superior Plus from C$7.50 to C$9.00 in a research report on Thursday, December 5th. Raymond James raised shares of Superior Plus from a "hold" rating to a "moderate buy" rating in a report on Friday, February 28th. Finally, CIBC boosted their target price on Superior Plus from C$8.50 to C$9.00 and gave the stock an "outperform" rating in a report on Thursday, January 9th.

Superior Plus Stock Performance

SPB traded down C$0.10 during trading on Wednesday, reaching C$6.59. 2,864,949 shares of the company's stock were exchanged, compared to its average volume of 917,456. Superior Plus has a fifty-two week low of C$5.15 and a fifty-two week high of C$10.36. The company has a market capitalization of C$1.11 billion, a P/E ratio of 24.23 and a beta of 0.76. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. The business has a 50 day moving average price of C$6.30 and a 200 day moving average price of C$6.72.

Remove Ads

Superior Plus Company Profile

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.