Shares of Superior Plus Corp. (TSE:SPB - Get Free Report) shot up 2.7% on Friday . The company traded as high as C$6.95 and last traded at C$6.93. 1,049,820 shares were traded during trading, an increase of 14% from the average session volume of 918,750 shares. The stock had previously closed at C$6.75.
Analyst Ratings Changes
Several brokerages have issued reports on SPB. TD Securities raised their price target on Superior Plus from C$9.00 to C$9.50 and gave the company a "buy" rating in a report on Thursday, April 3rd. Raymond James raised shares of Superior Plus from a "hold" rating to a "moderate buy" rating in a report on Friday, February 28th. ATB Capital increased their price target on shares of Superior Plus from C$10.00 to C$11.00 and gave the company an "outperform" rating in a report on Thursday, April 3rd. CIBC boosted their price objective on Superior Plus from C$9.00 to C$9.50 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Finally, BMO Capital Markets upped their target price on Superior Plus from C$8.00 to C$9.00 and gave the company an "outperform" rating in a research report on Thursday, April 3rd. Two research 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$9.85.
Read Our Latest Analysis on SPB
Superior Plus Trading Down 0.4 %
The company has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. The firm has a fifty day moving average price of C$6.54 and a 200-day moving average price of C$6.53. 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
(
Get Free Report)
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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