Superior Plus (TSE:SPB) Price Target Cut to C$10.00 by Analysts at Royal Bank Of Canada

Superior Plus (TSE:SPB) had its price objective lowered by Royal Bank Of Canada from C$11.00 to C$10.00 in a research report released on Monday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets cut Superior Plus from an “outperform” rating to a “hold” rating and lowered their price objective for the company from C$9.00 to C$8.00 in a research note on Friday. TD Securities cut their target price on shares of Superior Plus from C$8.50 to C$7.00 and set a “buy” rating for the company in a research report on Friday. Canadian Imperial Bank of Commerce downgraded 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. National Bank Financial increased their price target 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. Finally, Scotiabank lowered their price objective on Superior Plus from C$10.00 to C$8.50 in a research report on Monday, November 17th. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of C$7.80.

Superior Plus Price Performance

SPB stock opened at C$6.36 on Monday. Superior Plus has a 1 year low of C$5.85 and a 1 year high of C$8.34. The company has a market cap of C$1.42 billion, a P/E ratio of 90.86 and a beta of 0.49. The firm has a 50-day moving average of C$7.26 and a 200 day moving average of C$7.43. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46.

Superior Plus (TSE:SPB) last released its quarterly earnings results on Thursday, February 19th. The company reported C$0.33 earnings per share for the quarter. Superior Plus had a return on equity of 4.21% and a net margin of 1.80%.The company had revenue of C($3.43) million for the quarter.

More Superior Plus News

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.