Canaccord Genuity Group Increases Superior Plus (OTCMKTS:SUUIF) Price Target to C$14.00

Superior Plus (OTCMKTS:SUUIFGet Rating) had its price target boosted by equities research analysts at Canaccord Genuity Group from C$13.50 to C$14.00 in a research report issued to clients and investors on Monday, The Fly reports.

Several other equities analysts have also commented on the company. National Bank Financial upgraded Superior Plus from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, January 26th. BMO Capital Markets cut their price target on Superior Plus from C$13.00 to C$12.50 in a research note on Tuesday, February 22nd. Royal Bank of Canada upgraded Superior Plus from a “sector perform” rating to an “outperform” rating in a research note on Thursday, April 7th. Scotiabank dropped their price objective on Superior Plus from C$14.00 to C$13.00 in a research report on Thursday. Finally, Desjardins dropped their price objective on Superior Plus from C$16.00 to C$14.00 in a research report on Wednesday, February 23rd. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $14.13.

SUUIF stock traded up $0.28 during midday trading on Monday, reaching $9.30. The company’s stock had a trading volume of 2,800 shares, compared to its average volume of 3,106. Superior Plus has a 1 year low of $8.45 and a 1 year high of $12.88. The stock has a fifty day simple moving average of $9.16 and a two-hundred day simple moving average of $9.89.

Superior Plus Company Profile (Get Rating)

Superior Plus Corp. engages in the energy distribution business. It operates through two segments, U.S. Propane Distribution and Canadian Propane Distribution. The U.S. Propane Distribution segment distributes and sells propane, heating oil, and other liquid fuels in the Northeast, Atlantic, the Southeast, the Midwest, and California.

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