Superior Plus (TSE:SPB - Get Free Report) had its price objective raised by investment analysts at ATB Capital from C$10.00 to C$11.00 in a note issued to investors on Thursday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. ATB Capital's target price would indicate a potential upside of 73.50% from the stock's current price.
A number of other research analysts have also issued reports on SPB. Raymond James upgraded shares of Superior Plus from a "hold" rating to a "moderate buy" rating in a research report on Friday, February 28th. CIBC increased their price target on Superior Plus from C$8.50 to C$9.00 and gave the stock an "outperform" rating in a research report on Thursday, January 9th. TD Securities lifted their price objective on Superior Plus from C$7.50 to C$9.00 in a report on Thursday, December 5th. National Bankshares increased their target price on Superior Plus from C$6.50 to C$7.50 and gave the stock a "sector perform" rating in a report on Thursday, April 3rd. Finally, BMO Capital Markets upped their price objective on shares of Superior Plus from C$8.00 to C$9.00 and gave the stock an "outperform" rating in a research report on Thursday, April 3rd. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$9.85.
Check Out Our Latest Report on Superior Plus
Superior Plus Stock Performance
Shares of SPB stock traded down C$0.06 on Thursday, hitting C$6.34. The company's stock had a trading volume of 1,303,581 shares, compared to its average volume of 938,781. Superior Plus has a fifty-two week low of C$5.15 and a fifty-two week high of C$9.77. The company has a market capitalization of C$1.07 billion, a PE ratio of 23.31 and a beta of 0.76. The stock's 50 day moving average is C$6.37 and its 200-day moving average is C$6.63. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67.
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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