Saputo (TSE:SAP – Free Report) had its price objective raised by Royal Bank Of Canada from C$47.00 to C$50.00 in a research note released on Sunday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.
Several other analysts have also commented on SAP. Jefferies Financial Group increased their target price on shares of Saputo from C$38.00 to C$40.00 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. National Bankshares upped their price target on Saputo from C$38.00 to C$45.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. Desjardins increased their price objective on Saputo from C$40.00 to C$45.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Canadian Imperial Bank of Commerce raised their price objective on Saputo from C$40.00 to C$44.00 in a research note on Friday, January 30th. Finally, TD Securities lifted their target price on Saputo from C$44.00 to C$49.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$44.63.
Check Out Our Latest Stock Analysis on SAP
Saputo Trading Down 2.8%
Saputo (TSE:SAP – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported C$0.57 earnings per share (EPS) for the quarter. Saputo had a negative return on equity of 2.20% and a negative net margin of 0.84%.The company had revenue of C$4.89 billion during the quarter. Sell-side analysts anticipate that Saputo will post 1.7735369 earnings per share for the current year.
Saputo Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, December 12th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. Saputo’s dividend payout ratio (DPR) is currently -385.00%.
Key Stories Impacting Saputo
Here are the key news stories impacting Saputo this week:
- Positive Sentiment: Royal Bank of Canada raised its price target to C$50, signaling meaningful upside vs. current levels and boosting analyst confidence. Article Title
- Positive Sentiment: TD Securities increased its target to C$51 and kept a Buy rating — one of the more bullish brokerviews and a sizeable implied upside for the stock. Article Title
- Positive Sentiment: Desjardins lifted its target to C$47 and maintained a Buy — another upward revision reinforcing improving analyst sentiment. Article Title
- Positive Sentiment: National Bankshares raised its target to C$46 and rates SAP Outperform, adding to the cluster of upgrades that suggest analysts see better near-term performance. Article Title
- Positive Sentiment: Saputo’s CEO highlighted stronger demand (more cheese on fast‑food menus, a protein trend) and signaled a renewed willingness to pursue M&A to drive market penetration — comments that can support revenue growth expectations. Article Title
- Neutral Sentiment: Analyst-coverage narratives are shifting positively overall; some writeups (market analyses) recap this evolving story but offer mixed conclusions about sustained margin recovery. Article Title
- Negative Sentiment: BMO raised its target modestly to C$42 but kept a Market Perform rating — that target implies slight downside from recent levels and highlights that some brokers remain cautious about upside. Article Title
- Negative Sentiment: Underlying fundamentals remain a concern: recent quarterly results showed a negative net margin and negative ROE, and the company still carries leverage and a negative trailing P/E, which can limit multiple expansion until margins stabilize. No link
Saputo Company Profile
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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