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

Saputo Inc. (OTCMKTS:SAPIF) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several research firms have recently weighed in on SAPIF. Royal Bank Of Canada restated an “outperform” rating on shares of Saputo in a research note on Friday, October 31st. TD Securities reissued a “buy” rating on shares of Saputo in a research report on Friday, November 28th. Finally, Scotiabank reissued an “outperform” rating on shares of Saputo in a research report on Monday, November 10th.

Saputo Stock Performance

Shares of Saputo stock opened at $29.16 on Friday. Saputo has a 12-month low of $15.67 and a 12-month high of $30.45. The business’s 50 day moving average is $28.22 and its 200-day moving average is $24.85.

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.