Superior Plus (TSE:SPB) Price Target Cut to C$8.00 by Analysts at ATB Cormark Capital Markets

Superior Plus (TSE:SPB) had its target price cut by ATB Cormark Capital Markets from C$9.00 to C$8.00 in a report published on Monday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

SPB has been the topic of several other reports. National Bank Financial cut their price target on shares of Superior Plus from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a report on Monday. BMO Capital Markets cut Superior Plus from an “outperform” rating to a “hold” rating and lowered their price objective for the stock from C$9.00 to C$8.00 in a research report on Friday. Scotiabank downgraded Superior Plus from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from C$8.50 to C$6.50 in a research note on Monday. Royal Bank Of Canada reduced their target price on Superior Plus from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Raymond James Financial cut Superior Plus from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$9.75 to C$8.50 in a research note on Monday. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$7.80.

Superior Plus Price Performance

Shares of SPB stock opened at C$6.36 on Monday. The stock’s 50-day moving average is C$7.26 and its 200 day moving average is C$7.43. Superior Plus has a 1-year low of C$5.85 and a 1-year high of C$8.34. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. The company has a market cap of C$1.42 billion, a P/E ratio of 90.86 and a beta of 0.49.

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

Superior Plus News Roundup

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

• Positive Sentiment: Royal Bank of Canada trimmed its price target to C$10.00 but kept an “outperform” rating (large upside vs. current levels), signaling continued conviction from a major bank. BayStreet.CA
• Positive Sentiment: Stifel Nicolaus lowered its target to C$9.00 but remains a “buy”, indicating some analysts still see substantial upside from here. BayStreet.CA
• Positive Sentiment: ATB Cormark cut its target to C$8.00 but left an “outperform” rating, another vote that some investors may consider selective buying opportunities after the drop. BayStreet.CA
• Neutral Sentiment: Raymond James downgraded SPB from “outperform” to “market perform” and lowered its target to C$8.50 — a cautious stance that reduces conviction but leaves a sizable theoretical upside. BayStreet.CA
• Neutral Sentiment: Desjardins cut the rating from “buy” to “hold” and dropped its target to C$7.00, a modestly less favorable view that is unlikely to spark buying. BayStreet.CA
• Negative Sentiment: Scotiabank downgraded the stock from “outperform” to “sector perform” and cut its target to C$6.50 — a near‑term neutral-to-negative signal with very limited upside, which pressures sentiment. BayStreet.CA
• Negative Sentiment: National Bank Financial lowered its target to C$6.00 and moved to “sector perform” — a price target implying downside from current levels and adding direct downward pressure. BayStreet.CA
• Negative Sentiment: Multiple headlines reported a sharp intraday drawdown (~18–20%) following earlier analyst downgrades, amplifying momentum selling and volatility. These stories reflect and reinforce the market reaction. Superior Plus Stock Price Down 19% Following Analyst Downgrade

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.