Saputo Inc. (OTCMKTS:SAPIF) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Saputo Inc. (OTCMKTS:SAPIF) have received an average rating of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several analysts have recently issued reports on SAPIF shares. TD Securities reissued a “buy” rating on shares of Saputo in a research report on Monday, February 9th. BMO Capital Markets reiterated a “market perform” rating on shares of Saputo in a report on Monday, February 9th. Royal Bank Of Canada reissued an “outperform” rating on shares of Saputo in a research report on Monday, February 2nd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Saputo in a research report on Monday, February 9th.

Saputo Price Performance

SAPIF opened at $31.95 on Friday. The stock’s 50-day moving average price is $30.33 and its 200 day moving average price is $27.19. Saputo has a 12-month low of $16.46 and a 12-month high of $32.24.

Saputo Company Profile

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.