Saputo Inc (TSE:SAP) stock price target increased to $46.00, issued a ratings update earlier today by Desjardins Securities
- Updated: September 29, 2016
Having a price of $45.32, Saputo Inc (TSE:SAP) traded -0.72% lower on the day. With the last stock price close up 10.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Saputo Inc has recorded a 50-day average of $43.94 and a 200-day moving average of $40.86. 197,002 shares of the stock were exchanged, down from an average trading volume of 380,222
Indicating a possible upside of 0.02%, Desjardins Securities bumped up the target price of Saputo Inc (TSE:SAP) to $46.00
On Thursday September 22, 2016, Scotia Capital released a statement on Saputo Inc (TSE:SAP) upped the target price from $44.00 to $52.00 that suggested an upside of 0.11%.
With a total market value of $0, Saputo Inc has price-earnings ratio of 28.16 with a one year low of $28.70 and a one year high of $46.69 .
A total of 9 equity analysts have released a ratings update on SAP. zero equity analysts rating the company a strong buy, two brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $32.12.
More About Saputo Inc (TSE:SAP)
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). The International Sector combines the Dairy Division (Argentina), the Dairy Ingredients Division and the Dairy Division (Australia). The Dairy Ingredients Division includes national and export ingredients sales from the North American divisions, as well as cheese exports from these same divisions. The Company's products are sold under brand names, such as Saputo, Alexis de Portneuf, Armstrong, COON, Cracker Barrel, Dairyland, DairyStar, Friendship Dairies, Frigo Cheese Heads, La Paulina, Milk2Go/Lait's Go, Neilson, Nutrilait, Scotsburn, Stella, Sungold, Treasure Cave and Woolwich Dairy.
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