Saputo Inc. (OTCMKTS:SAPIF – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.15 and traded as low as $19.71. Saputo shares last traded at $19.71, with a volume of 1,000 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. National Bank Financial dropped their price objective on shares of Saputo from C$37.00 to C$36.00 in a research note on Monday, August 14th. Scotiabank increased their price objective on shares of Saputo from C$33.00 to C$34.00 in a research note on Monday, August 14th. Finally, Desjardins decreased their target price on shares of Saputo from C$38.00 to C$35.00 in a research report on Monday, August 14th.
Saputo Stock Performance
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
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