Rogers Sugar (TSE:RSI) PT Set at C$6.25 by Scotiabank

Rogers Sugar (TSE:RSI) has been assigned a C$6.25 price objective by investment analysts at Scotiabank in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s target price would indicate a potential upside of 4.34% from the company’s current price.

Rogers Sugar Trading Up 5.6 %

Shares of Rogers Sugar stock opened at C$5.99 on Wednesday. The firm’s 50-day moving average price is C$5.70 and its two-hundred day moving average price is C$5.68. The company has a market capitalization of C$766.24 million, a price-to-earnings ratio of 16.19 and a beta of 0.60. The company has a quick ratio of 0.56, a current ratio of 1.66 and a debt-to-equity ratio of 100.31. Rogers Sugar has a 12-month low of C$5.12 and a 12-month high of C$5.99.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.