Superior Plus (TSE:SPB) Raised to Hold at TD Securities

Superior Plus (TSE:SPB) was upgraded by equities researchers at TD Securities from a “strong sell” rating to a “hold” rating in a report issued on Wednesday, Zacks reports.

Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada downgraded Superior Plus from an “outperform” rating to a “sector perform” rating in a report on Monday, August 10th. Scotia increased their price objective on shares of Superior Plus from C$8.50 to C$9.00 and gave the company a “sector perform” rating in a research report on Monday, August 10th. National Bank Financial set a C$6.50 target price on shares of Superior Plus and gave the stock a “sector perform” rating in a research note on Thursday. Canadian Imperial Bank of Commerce cut shares of Superior Plus from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, BMO Capital Markets reduced their target price on shares of Superior Plus from C$8.50 to C$6.50 and set a “market perform” rating for the company in a report on Thursday. One investment analyst has rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of C$7.62.

Superior Plus Price Performance

Shares of TSE SPB opened at C$5.42 on Wednesday. The business’s 50 day moving average price is C$6.80 and its two-hundred day moving average price is C$7.28. The company has a market cap of C$1.16 billion, a PE ratio of 30.11 and a beta of 0.31. The company has a quick ratio of 0.46, a current ratio of 0.88 and a debt-to-equity ratio of 218.38. Superior Plus has a twelve month low of C$5.11 and a twelve month high of C$8.86.

Superior Plus (TSE:SPB) last released its quarterly earnings data on Tuesday, November 10th. The company reported C($0.53) earnings per share (EPS) for the quarter. The business had revenue of C$541.12 million during the quarter. Superior Plus had a net margin of 1.88% and a return on equity of 5.33%. During the same period last year, the firm posted ($0.47) earnings per share.

Top Superior Plus Stories

Investors following SPB have been watching these stories:

• Positive Sentiment: TD upgraded Superior Plus from “sell” to “hold,” setting a C$5.50 target—only modestly above the cited C$5.42 share price. TD analyst rating
• Neutral Sentiment: Superior Plus reported that its Q3 net loss narrowed. However, the earnings report cited a loss of C$0.53 per share, compared with C$0.47 a year earlier, tempering the improvement. Superior Plus Q3 net loss narrows
• Neutral Sentiment: The company declared a fourth-quarter 2026 dividend, which may appeal to income-focused investors; the supplied report does not specify the dividend amount. Superior Plus declares 2026 fourth-quarter dividend

About Superior Plus

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.