A number of other brokerages have also issued reports on SAP. National Bank Financial cut their price objective on shares of Saputo from C$48.00 to C$47.00 and set a sector perform rating for the company in a report on Wednesday, July 26th. Royal Bank Of Canada raised shares of Saputo from a sector perform rating to an outperform rating and set a C$48.00 price objective for the company in a report on Wednesday, July 19th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Saputo has an average rating of Buy and a consensus target price of C$50.00.
Shares of Saputo (TSE SAP) opened at 46.42 on Friday. Saputo has a 12 month low of $39.74 and a 12 month high of $48.98. The firm’s 50-day moving average is $43.63 and its 200 day moving average is $43.15. The company has a market capitalization of $17.93 billion and a price-to-earnings ratio of 24.30.
TRADEMARK VIOLATION NOTICE: This piece of content was published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/td-securities-boosts-saputo-inc-sap-price-target-to-c52-00/1739659.html.
In other Saputo news, insider Louise St-Jean sold 838 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of C$43.39, for a total transaction of C$36,360.82.
Saputo Inc produces, markets and distributes dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The Company has three geographic sectors. The Canada Sector consists of Dairy Division (Canada). The USA Sector aggregates the Cheese Division (USA) and the Dairy Foods Division (USA).
Receive News & Ratings for Saputo Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo Inc. and related companies with our FREE daily email newsletter.