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

Saputo Inc. (OTCMKTS:SAPIF) has been assigned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company.

A number of research firms have weighed in on SAPIF. Jefferies Financial Group downgraded shares of Saputo to a “hold” rating in a research note on Friday, July 24th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Stock Performance

SAPIF opened at $28.16 on Tuesday. The stock’s 50 day simple moving average is $29.53 and its 200-day simple moving average is $30.14. Saputo has a 1 year low of $20.11 and a 1 year high of $32.49.

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.