Saputo Inc. (OTCMKTS:SAPIF) Receives Average Recommendation of “Moderate Buy” from Analysts

Saputo Inc. (OTCMKTS:SAPIF) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company.

A number of equities analysts recently issued reports on the company. TD Securities reaffirmed a “buy” rating on shares of Saputo in a report on Friday, November 28th. Scotiabank restated an “outperform” rating on shares of Saputo in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Saputo in a report on Monday.

Saputo Trading Down 0.8%

SAPIF opened at $31.17 on Tuesday. Saputo has a one year low of $16.46 and a one year high of $31.41. The business’s 50-day simple moving average is $29.65 and its 200-day simple moving average is $26.10.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.