Superior Plus (TSE:SPB) Price Target Lowered to C$9.00 at Stifel Nicolaus

Superior Plus (TSE:SPB) had its price target trimmed by Stifel Nicolaus from C$10.00 to C$9.00 in a report published on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on SPB. National Bank Financial boosted their target price on shares of Superior Plus from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 17th. Royal Bank Of Canada cut their price objective on Superior Plus from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Monday. Scotiabank decreased their target price on Superior Plus from C$10.00 to C$8.50 in a research note on Monday, November 17th. BMO Capital Markets lowered Superior Plus from an “outperform” rating to a “hold” rating and lowered their target price for the company from C$9.00 to C$8.00 in a report on Friday. Finally, Desjardins lowered Superior Plus from a “buy” rating to a “hold” rating and cut their price target for the stock from C$8.75 to C$7.00 in a report on Monday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Superior Plus presently has an average rating of “Hold” and an average target price of C$7.80.

Superior Plus Stock Down 1.9%

SPB opened at C$6.36 on Monday. Superior Plus has a twelve month low of C$5.85 and a twelve month high of C$8.34. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67. The business has a 50 day moving average price of C$7.26 and a 200 day moving average price of C$7.43. The firm 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 released its quarterly earnings results on Thursday, February 19th. The company reported C$0.33 EPS for the quarter. The company 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 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.