Superior Plus (OTCMKTS:SUUIF) Shares Down 2.7%

Shares of Superior Plus Corp. (OTCMKTS:SUUIFGet Rating) fell 2.7% during trading on Thursday . The company traded as low as $8.62 and last traded at $8.62. 102 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,032 shares. The stock had previously closed at $8.86.

Several research analysts have commented on the company. Scotiabank lowered their target price on Superior Plus from C$14.00 to C$13.00 in a research note on Thursday, May 12th. BMO Capital Markets reduced their price target on Superior Plus from C$13.00 to C$12.50 in a report on Tuesday, February 22nd. Canaccord Genuity Group boosted their price target on Superior Plus from C$13.50 to C$14.00 in a report on Monday, May 16th. Royal Bank of Canada upgraded Superior Plus from a “sector perform” rating to an “outperform” rating in a report on Thursday, April 7th. Finally, Desjardins reduced their price target on Superior Plus from C$16.00 to C$14.00 in a report on Wednesday, February 23rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $14.13.

The company has a 50 day simple moving average of $9.30 and a 200-day simple moving average of $9.61.

Superior Plus Company Profile (OTCMKTS:SUUIF)

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.

Further Reading

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