Superior Plus (TSE:SPB) Downgraded by TD Securities to Hold

Superior Plus (TSE:SPB) was downgraded by analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the stock. Desjardins downgraded shares of Superior Plus from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$8.75 to C$7.00 in a report on Monday. Royal Bank Of Canada reduced their target price on shares of Superior Plus from C$11.00 to C$10.00 and set an “outperform” rating for the company in a report on Monday. National Bank Financial lowered their price target on shares of Superior Plus from C$7.00 to C$6.00 and set a “sector perform” rating on the stock in a report on Monday. Canadian Imperial Bank of Commerce cut shares of Superior Plus from an “outperform” rating to a “hold” rating and lowered their price target for the company from C$9.00 to C$8.00 in a report on Friday. Finally, ATB Cormark Capital Markets reduced their price objective on Superior Plus from C$9.00 to C$8.00 and set an “outperform” rating for the company in a report on Monday. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$7.80.

Superior Plus Stock Performance

SPB opened at C$6.36 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. Superior Plus has a 12-month low of C$5.85 and a 12-month high of C$8.34. The business has a 50 day moving average of C$7.26 and a 200-day moving average of C$7.43. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 90.86 and a beta of 0.49.

Superior Plus (TSE:SPB) last posted its earnings results on Thursday, February 19th. The company reported C$0.33 earnings per share for the quarter. Superior Plus had a return on equity of 4.21% and a net margin of 1.80%.The business had revenue of C($3.43) million for the quarter.

More Superior Plus News

Here are the key news stories impacting Superior Plus this week:

• Positive Sentiment: Royal Bank of Canada trimmed its price target to C$10.00 but kept an “outperform” rating (large upside vs. current levels), signaling continued conviction from a major bank. BayStreet.CA
• Positive Sentiment: Stifel Nicolaus lowered its target to C$9.00 but remains a “buy”, indicating some analysts still see substantial upside from here. BayStreet.CA
• Positive Sentiment: ATB Cormark cut its target to C$8.00 but left an “outperform” rating, another vote that some investors may consider selective buying opportunities after the drop. BayStreet.CA
• Neutral Sentiment: Raymond James downgraded SPB from “outperform” to “market perform” and lowered its target to C$8.50 — a cautious stance that reduces conviction but leaves a sizable theoretical upside. BayStreet.CA
• Neutral Sentiment: Desjardins cut the rating from “buy” to “hold” and dropped its target to C$7.00, a modestly less favorable view that is unlikely to spark buying. BayStreet.CA
• Negative Sentiment: Scotiabank downgraded the stock from “outperform” to “sector perform” and cut its target to C$6.50 — a near‑term neutral-to-negative signal with very limited upside, which pressures sentiment. BayStreet.CA
• Negative Sentiment: National Bank Financial lowered its target to C$6.00 and moved to “sector perform” — a price target implying downside from current levels and adding direct downward pressure. BayStreet.CA
• Negative Sentiment: Multiple headlines reported a sharp intraday drawdown (~18–20%) following earlier analyst downgrades, amplifying momentum selling and volatility. These stories reflect and reinforce the market reaction. Superior Plus Stock Price Down 19% Following Analyst Downgrade

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.