Saputo (TSE:SAP) Price Target Increased to C$39.00 by Analysts at Royal Bank of Canada

Saputo (TSE:SAPFree Report) had its target price raised by Royal Bank of Canada from C$36.00 to C$39.00 in a report issued on Tuesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities analysts have also recently weighed in on the company. TD Securities cut their price target on Saputo from C$40.00 to C$36.00 and set a buy rating for the company in a report on Monday, February 12th. CIBC dropped their target price on Saputo from C$36.00 to C$35.00 and set an outperform rating on the stock in a research note on Monday, February 12th. Finally, Scotiabank lifted their price target on Saputo from C$31.50 to C$32.50 and gave the stock an outperform rating in a research report on Monday, February 12th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus target price of C$34.19.

View Our Latest Analysis on Saputo

Saputo Stock Up 0.6 %

SAP stock opened at C$28.01 on Tuesday. The company has a debt-to-equity ratio of 58.27, a quick ratio of 0.67 and a current ratio of 1.55. The business’s 50-day moving average is C$26.85 and its two-hundred day moving average is C$27.00. The company has a market cap of C$11.89 billion, a price-to-earnings ratio of 35.91, a P/E/G ratio of 0.21 and a beta of 0.32. Saputo has a fifty-two week low of C$25.28 and a fifty-two week high of C$35.58.

About Saputo

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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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Analyst Recommendations for Saputo (TSE:SAP)

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