TD Securities Has Lowered Expectations for Superior Plus (TSE:SPB) Stock Price

Superior Plus (TSE:SPB) had its target price dropped by analysts at TD Securities from C$8.50 to C$7.00 in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 8.02% from the stock’s current price.

Several other brokerages have also recently commented on SPB. Scotiabank dropped their target price on Superior Plus from C$10.00 to C$8.50 in a report on Monday, November 17th. BMO Capital Markets lowered Superior Plus from an “outperform” rating to a “hold” rating and decreased their price target for the company from C$9.00 to C$8.00 in a research note on Friday. Desjardins boosted their price objective on Superior Plus from C$9.00 to C$9.75 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Canadian Imperial Bank of Commerce lowered Superior Plus from an “outperform” rating to a “hold” rating and cut their price objective for the company from C$9.00 to C$8.00 in a report on Friday. Finally, National Bank Financial raised their target price on Superior Plus from C$6.50 to C$7.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$8.66.

Superior Plus Stock Performance

SPB stock opened at C$6.48 on Friday. The company has a 50-day simple moving average of C$7.27 and a 200 day simple moving average of C$7.42. The company has a market capitalization of C$1.44 billion, a P/E ratio of 92.57 and a beta of 0.49. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. Superior Plus has a fifty-two week low of C$5.85 and a fifty-two week high of C$8.34.

Superior Plus (TSE:SPB) last released its earnings results on Thursday, February 19th. The company reported C$0.33 EPS for the quarter. The firm had revenue of C($3.43) million for the quarter. Superior Plus had a net margin of 1.80% and a return on equity of 4.21%.

Superior Plus News Summary

Here are the key news stories impacting Superior Plus this week:

• Positive Sentiment: TD Securities cut its price target to C$7.00 but kept a “buy” rating, signaling continued conviction in the name despite the lower target. BayStreet.CA
• Positive Sentiment: BMO Capital Markets and CIBC both set price targets of C$8.00 (roughly ~23.6% above the current price), indicating some analysts still see multi‑quarter upside even as they reduced enthusiasm. BayStreet.CA
• Neutral Sentiment: Trading volume is sharply higher today (several million shares vs ~929k average), which confirms broad investor reaction to the analyst notes and earnings but does not by itself indicate whether selling is finished or accelerating further.
• Negative Sentiment: BMO downgraded SPB from “outperform” to “market perform” and CIBC downgraded from “outperform” to “neutral” — the downgrades remove previous upside momentum and likely contributed to the rapid price decline. BayStreet.CA
• Negative Sentiment: Quarterly results: SPB reported C$0.33 EPS but showed revenue listed as C($3.43)M and thin net margins (1.8%) with modest ROE (4.2%). The mixed/tepid fundamentals likely disappointed some investors and amplified selling pressure. Press Release
• Negative Sentiment: Balance-sheet and valuation risks: SPB shows high leverage (debt-to-equity ~193) and weak liquidity ratios, while the trailing P/E is elevated — factors that increase sensitivity to weaker results and analyst downgrades.

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.