Superior Plus Corp. (SPB) PT Lowered to C$13.00
Superior Plus Corp. (TSE:SPB) had its target price lowered by equities research analysts at Canaccord Genuity from C$13.25 to C$13.00 in a research note issued on Wednesday. Canaccord Genuity’s price target would indicate a potential upside of 7.00% from the stock’s current price.
A number of other analysts have also issued reports on SPB. Scotiabank increased their price target on shares of Superior Plus Corp. from C$13.50 to C$13.75 and gave the stock a “sector perform” rating in a research report on Thursday, August 10th. TD Securities increased their price target on shares of Superior Plus Corp. from C$13.00 to C$13.50 and gave the stock a “hold” rating in a research report on Friday, November 10th. BMO Capital Markets reissued a “market perform” rating and issued a C$13.00 price target on shares of Superior Plus Corp. in a research report on Thursday, September 28th. Finally, CIBC reduced their price target on shares of Superior Plus Corp. from C$13.50 to C$13.00 in a research report on Monday. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of C$13.69.
Shares of Superior Plus Corp. (TSE SPB) opened at C$12.15 on Wednesday. Superior Plus Corp. has a 52-week low of C$10.80 and a 52-week high of C$13.34.
In related news, Director Patrick Edward Gottschalk bought 30,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was bought at an average cost of C$10.19 per share, for a total transaction of C$305,700.00. Insiders have bought a total of 32,600 shares of company stock valued at $338,432 over the last 90 days.
Superior Plus Corp. Company Profile
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through two segment: Energy Distribution and Specialty Chemicals. The Company’s Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and the United States refined fuels division.
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