Desjardins Raises Rogers Sugar Inc. (RSI) Price Target to C$7.25
Rogers Sugar Inc. (TSE:RSI) had its price objective lifted by Desjardins from C$7.00 to C$7.25 in a research note issued to investors on Tuesday. Desjardins also issued estimates for Rogers Sugar’s FY2018 earnings at $0.54 EPS.
Other equities analysts have also issued research reports about the stock. TD Securities boosted their target price on shares of Rogers Sugar from C$6.50 to C$7.00 and gave the stock a hold rating in a research report on Wednesday, August 9th. Scotiabank raised shares of Rogers Sugar from a sector perform rating to an outperform rating and boosted their target price for the stock from C$6.50 to C$7.00 in a research report on Monday, July 31st. BMO Capital Markets raised shares of Rogers Sugar from a market perform rating to an outperform rating and boosted their target price for the stock from C$6.75 to C$7.00 in a research report on Monday, July 31st. Finally, National Bank Financial reaffirmed a sector perform rating and set a C$6.75 target price on shares of Rogers Sugar in a research report on Monday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of C$7.15.
Rogers Sugar (RSI) opened at C$6.23 on Tuesday. Rogers Sugar has a 52-week low of C$5.90 and a 52-week high of C$6.94.
About Rogers Sugar
Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar products in Canada. It offers white and cubes granulated, Plantation Raw, brown, icing, Steva, liquid, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.
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