Superior Plus (TSE:SPB – Get Free Report) had its price objective lowered by analysts at Stifel Nicolaus from C$12.50 to C$12.00 in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 52.87% from the company’s previous close.
Other equities analysts also recently issued research reports about the stock. Cormark decreased their target price on shares of Superior Plus from C$12.00 to C$10.00 in a research note on Monday, July 29th. TD Securities dropped their price target on shares of Superior Plus from C$12.00 to C$10.00 and set a “buy” rating on the stock in a research note on Wednesday. ATB Capital dropped their price target on shares of Superior Plus from C$13.00 to C$12.00 in a research note on Thursday. National Bankshares lowered their target price on shares of Superior Plus from C$10.00 to C$9.00 in a research note on Thursday. Finally, Desjardins lowered their target price on shares of Superior Plus from C$13.50 to C$11.50 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$10.82.
Get Our Latest Stock Report on SPB
Superior Plus Stock Up 1.2 %
Superior Plus (TSE:SPB – Get Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The company reported C$0.40 EPS for the quarter, missing the consensus estimate of C$0.45 by C($0.05). Superior Plus had a return on equity of 2.58% and a net margin of 0.57%. The company had revenue of C$1.21 billion during the quarter, compared to analysts’ expectations of C$1.38 billion. As a group, equities analysts expect that Superior Plus will post 0.2619128 EPS for the current fiscal year.
Insider Buying and Selling at Superior Plus
In related news, Senior Officer Kirsten Olsen purchased 3,765 shares of Superior Plus stock in a transaction dated Monday, May 27th. The shares were acquired at an average cost of C$9.37 per share, with a total value of C$35,278.05. 0.54% of the stock is currently owned by company insiders.
About Superior Plus
Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.
See Also
- Five stocks we like better than Superior Plus
- With Risk Tolerance, One Size Does Not Fit All
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
- Quiet Period Expirations Explained
- Warren Buffett’s Recent Stock Moves: Top Buys and Sells to Watch
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Sea Limited’s E-Commerce and Fintech Strength Fuel Stock Surge
Receive News & Ratings for Superior Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Plus and related companies with MarketBeat.com's FREE daily email newsletter.