A number of firms have modified their ratings and price targets on shares of Superior Plus (TSE: SPB) recently:
- 5/21/2026 – Superior Plus had its price target raised by Stifel Nicolaus from C$9.00 to C$10.00. They now have a “buy” rating on the stock.
- 5/19/2026 – Superior Plus had its price target raised by Scotiabank from C$7.00 to C$8.50. They now have a “sector perform” rating on the stock.
- 5/15/2026 – Superior Plus had its price target raised by National Bank Financial from C$6.00 to C$7.50. They now have a “sector perform” rating on the stock.
- 5/15/2026 – Superior Plus had its price target raised by TD from C$7.50 to C$8.00. They now have a “hold” rating on the stock.
- 5/15/2026 – Superior Plus had its price target raised by Desjardins from C$7.00 to C$7.75. They now have a “hold” rating on the stock.
- 5/15/2026 – Superior Plus had its price target raised by ATB Cormark Capital Markets from C$8.50 to C$9.00. They now have an “outperform” rating on the stock.
- 4/23/2026 – Superior Plus had its price target raised by ATB Cormark Capital Markets from C$8.00 to C$8.50. They now have an “outperform” rating on the stock.
- 4/21/2026 – Superior Plus had its price target raised by TD from C$7.00 to C$7.50. They now have a “hold” rating on the stock.
- 4/21/2026 – Superior Plus was upgraded by Canadian Imperial Bank of Commerce from “hold” to “outperformer”.
Superior Plus Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Tuesday, March 31st. Superior Plus’s dividend payout ratio (DPR) is 62.09%.
Insider Activity
In related news, insider Dale Alan Winger acquired 10,000 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of C$7.65 per share, for a total transaction of C$76,500.00. Following the completion of the transaction, the insider directly owned 41,000 shares of the company’s stock, valued at C$313,650. The trade was a 32.26% increase in their ownership of the stock. 0.54% of the stock is owned by company insiders.
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.
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