Saputo Inc. (OTCMKTS:SAPIF) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Saputo Inc. (OTCMKTS:SAPIF) have been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several research firms have commented on SAPIF. CIBC reaffirmed an “outperform” rating on shares of Saputo in a report on Tuesday, August 12th. National Bankshares reaffirmed an “outperform” rating on shares of Saputo in a report on Monday, August 11th. TD Securities reaffirmed a “buy” rating on shares of Saputo in a report on Monday, August 11th. BMO Capital Markets reissued a “market perform” rating on shares of Saputo in a research note on Monday, August 11th. Finally, Scotiabank reissued an “outperform” rating on shares of Saputo in a research note on Monday, August 11th.

Saputo Stock Up 1.2%

OTCMKTS:SAPIF opened at $24.31 on Wednesday. Saputo has a one year low of $15.67 and a one year high of $25.03. The firm’s fifty day moving average is $23.71 and its two-hundred day moving average is $20.66.

Saputo Company Profile

Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers mozzarella and cheddar; ricotta, provolone, blue, parmesan, goat cheese, feta, romano, Havarti, and soft cheeses; brie and camembert fine cheeses; and other cheeses, such brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.