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

Saputo Inc. (OTCMKTS:SAPIF) has been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

Several research firms have recently issued reports on SAPIF. Jefferies Financial Group cut shares of Saputo to a “hold” rating in a research report on Friday, July 24th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Price Performance

OTCMKTS SAPIF opened at $28.17 on Tuesday. Saputo has a 12 month low of $20.11 and a 12 month high of $32.49. The stock’s 50 day moving average is $29.57 and its 200 day moving average is $30.15.

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.