Saputo (TSE:SAP – Free Report) had its target price upped by TD Securities from C$49.00 to C$51.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.
A number of other analysts also recently commented on the company. Royal Bank Of Canada raised their price objective on Saputo from C$47.00 to C$50.00 and gave the stock an “outperform” rating in a research report on Sunday. Jefferies Financial Group upped their target price on Saputo from C$38.00 to C$40.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. Desjardins lifted their price target on shares of Saputo from C$40.00 to C$45.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Canadian Imperial Bank of Commerce boosted their price target on shares of Saputo from C$40.00 to C$44.00 in a report on Friday, January 30th. Finally, BMO Capital Markets increased their price objective on shares of Saputo from C$37.00 to C$41.00 and gave the company a “market perform” rating in a research note on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Saputo currently has a consensus rating of “Moderate Buy” and an average price target of C$44.63.
Check Out Our Latest Stock Analysis on SAP
Saputo Stock Performance
Saputo (TSE:SAP – Get Free Report) last released its earnings results on Thursday, February 5th. The company reported C$0.57 earnings per share for the quarter. Saputo had a negative net margin of 0.84% and a negative return on equity of 2.20%. The business had revenue of C$4.89 billion during the quarter. Equities research analysts forecast that Saputo will post 1.7735369 EPS for the current year.
Saputo Announces Dividend
The business also recently declared 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 annualized dividend and a yield of 1.9%. Saputo’s payout ratio is currently -385.00%.
Key Stories Impacting Saputo
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.
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