Saputo (TSE:SAP – Free Report) had its price target upped by Desjardins from C$45.00 to C$47.00 in a research note published on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.
A number of other analysts also recently commented on the stock. National Bankshares boosted their target price on shares of Saputo from C$38.00 to C$45.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. BMO Capital Markets lifted their price target on shares of Saputo from C$37.00 to C$41.00 and gave the stock a “market perform” rating in a research report on Friday, January 23rd. Canadian Imperial Bank of Commerce upped their price target on Saputo from C$40.00 to C$44.00 in a report on Friday, January 30th. Royal Bank Of Canada increased their price objective on Saputo from C$47.00 to C$50.00 and gave the company an “outperform” rating in a research report on Sunday. Finally, TD Securities lifted their target price on Saputo from C$49.00 to C$51.00 and gave the stock a “buy” rating in a report on Monday. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Saputo presently has an average rating of “Moderate Buy” and a consensus price target of C$44.63.
Get Our Latest Stock Report on SAP
Saputo Trading Up 0.2%
Saputo (TSE:SAP – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported C$0.57 EPS for the quarter. Saputo had a negative net margin of 0.84% and a negative return on equity of 2.20%. The firm had revenue of C$4.89 billion for the quarter. On average, sell-side analysts expect that Saputo will post 1.7735369 earnings per share for the current fiscal year.
Saputo Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, December 12th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.9%. Saputo’s dividend payout ratio (DPR) is currently -385.00%.
More Saputo News
Here are the key news stories impacting Saputo this week:
- Positive Sentiment: Multiple broker upgrades and price‑target increases lift sentiment — RBC raised its target to C$50 (outperform), implying ~17% upside which signals stronger analyst conviction on growth and valuation. Read More.
- Positive Sentiment: TD Securities bumped its target to C$51 (buy), the highest among recent raises and suggests material upside (~19%) from current levels. Read More.
- Positive Sentiment: Desjardins raised its target to C$47 and kept a buy rating, reinforcing the buy‑side narrative supported by other brokers. Read More. Read More.
- Positive Sentiment: National Bankshares raised its target to C$46 with an outperform rating, adding to the cluster of bullish price‑target revisions. Read More.
- Positive Sentiment: CEO commentary points to strong end‑market demand — “more cheese on fast‑food menus” and a consumer protein trend are cited as near‑term volume/mix tailwinds. Read More.
- Positive Sentiment: Management signals M&A is back on the table to accelerate market penetration — investors often view disciplined, strategic M&A as a catalyst for revenue and margin expansion. Read More.
- Positive Sentiment: Recent coverage highlights operational improvements (efficiency push, Ripon investment) that could reshape margins and valuation if realized. Read More.
- Positive Sentiment: Analyst pieces discussing a rewritten narrative on value and confidence add to momentum as multiple houses turn incrementally more constructive. Read More.
- Negative Sentiment: BMO raised its target modestly to C$42 but kept a market‑perform rating and the target sits slightly below the current price — a cautionary note that not all brokers are fully bullish. Read More.
About Saputo
Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight. Saputo also competes in food service (30% of revenue) and industrials (20% of revenue), which houses its ingredients business.
Read More
- Five stocks we like better than Saputo
- The buying spree that no one is talking about
- How to collect $500-$800 weekly (BlackRock’s system)
- Trump’s AI Secret: 100X Faster Than Nvidia
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Your Bank Account Is No Longer Safe
Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.
