Superior Plus (TSE:SPB) Rating Lowered to Hold at TD Securities

Superior Plus (TSE:SPB) was downgraded by equities researchers at TD Securities from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other analysts also recently issued reports about the company. National Bank Financial cut their target price on Superior Plus from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research note on Monday. Royal Bank Of Canada cut 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. Scotiabank lowered Superior Plus from an “outperform” rating to a “hold” rating and lowered their price target for the stock from C$8.50 to C$6.50 in a research report on Monday. Desjardins cut shares of Superior Plus from a “buy” rating to a “hold” rating and decreased their price target for the company from C$8.75 to C$7.00 in a research report on Monday. Finally, ATB Cormark Capital Markets decreased their price objective on Superior Plus from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research note on Monday. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Superior Plus has an average rating of “Hold” and a consensus price target of C$7.80.

Superior Plus Stock Down 0.9%

SPB stock opened at C$6.30 on Monday. Superior Plus has a one year low of C$5.85 and a one year 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 firm’s fifty day moving average is C$7.25 and its 200 day moving average is C$7.42. The firm has a market cap of C$1.40 billion, a PE ratio of 90.00 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 earnings per share (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: Several large brokers kept constructive ratings despite lowering targets — RBC cut its target from C$11.00 to C$10.00 but remains an “outperform” (large implied upside). This is a sign some analysts still see meaningful upside post-cut. Article Title
• Positive Sentiment: Stifel Nicolaus trimmed its target from C$10.00 to C$9.00 but maintained a “buy” rating, leaving a sizable implied upside — supportive for longer‑term bulls. Article Title
• Positive Sentiment: ATB Cormark lowered its target from C$9.00 to C$8.00 but kept an “outperform” rating, suggesting continued conviction in recovery potential despite the cut. Article Title
• Neutral Sentiment: Raymond James downgraded SPB from “moderate buy” to “hold” and lowered its target to C$8.50 (still a material upside), producing mixed signals: reduced near‑term conviction but a relatively constructive long‑term fair value. Article Title
• Negative Sentiment: TD Securities cut its rating from “strong‑buy” to “hold” — a direct downgrade to conviction that typically pressures the shares. Article Title
• Negative Sentiment: Scotiabank downgraded SPB from “outperform” to “hold” and cut its target to C$6.50 (now only marginally above the current price), removing prior upside support. Article Title
• Negative Sentiment: Desjardins moved from “buy” to “hold” and lowered its target to C$7.00, another downgrade signaling reduced near‑term confidence. Article Title
• Negative Sentiment: National Bank Financial cut its target to C$6.00 and set a “sector perform” rating — the only target now below the current share price, suggesting potential downside if others follow. Article Title

About Superior Plus

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.