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

Saputo Inc. (OTCMKTS:SAPIF) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Separately, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Price Performance

Shares of SAPIF stock opened at $29.05 on Friday. The firm has a 50 day moving average of $29.74 and a 200-day moving average of $30.21. Saputo has a 52 week low of $19.90 and a 52 week high of $32.49.

Saputo Company Profile

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.