Rogers Sugar Inc. (RSI) Price Target Raised to C$7.00 at National Bank Financial
Rogers Sugar Inc. (TSE:RSI) had its price objective hoisted by National Bank Financial from C$6.75 to C$7.00 in a research report sent to investors on Tuesday. The brokerage currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Rogers Sugar’s FY2018 earnings at $0.53 EPS.
Several other research firms have also weighed in on RSI. BMO Capital Markets raised shares of Rogers Sugar from a market perform rating to an outperform rating and upped their target price for the stock from C$6.75 to C$7.00 in a report on Monday, July 31st. Desjardins reaffirmed a buy rating and issued a C$7.00 target price on shares of Rogers Sugar in a report on Wednesday, October 18th. Scotiabank raised shares of Rogers Sugar from a sector perform rating to an outperform rating and upped their target price for the stock from C$6.50 to C$7.00 in a report on Monday, July 31st. Finally, TD Securities upped 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 report on Wednesday, August 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Rogers Sugar presently has an average rating of Buy and a consensus price target of C$7.15.
Shares of Rogers Sugar (TSE:RSI) opened at C$6.23 on Tuesday. Rogers Sugar has a fifty-two week low of C$5.90 and a fifty-two week high of C$6.94.
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Rogers Sugar Company Profile
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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