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

Saputo Inc. (OTCMKTS:SAPIF) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several equities research analysts have recently commented on the stock. Jefferies Financial Group lowered 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

SAPIF stock opened at $28.51 on Wednesday. The business’s 50-day moving average is $29.18 and its two-hundred day moving average is $29.78. Saputo has a fifty-two week low of $23.67 and a fifty-two 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.