Saputo Inc. (OTCMKTS:SAPIF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Saputo Inc. (OTCMKTS:SAPIF) has been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

SAPIF has been the topic of a number of recent research reports. BMO Capital Markets restated a “market perform” rating on shares of Saputo in a research note on Monday, February 9th. Scotiabank reiterated an “outperform” rating on shares of Saputo in a research note on Monday, February 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Saputo in a report on Monday, February 2nd. Finally, TD Securities reissued a “buy” rating on shares of Saputo in a research report on Monday, February 9th.

Saputo Price Performance

Shares of Saputo stock opened at $30.61 on Wednesday. Saputo has a twelve month low of $16.90 and a twelve month high of $32.24. The company has a fifty day moving average price of $30.95 and a 200 day moving average price of $28.19.

About Saputo

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.