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Scotia Capital issued a report on Superior Plus Corp. (TSE:SPB), hiking its price target to $12.50 today

In a report released on Wednesday September 21, 2016 Scotia Capital increased the stock price target of Superior Plus Corp. (TSE:SPB) to $12.50 reporting a possible upside of 0.07%.

Previously on Thursday September 01, 2016, Scotia Capital released a statement about Superior Plus Corp. (TSE:SPB) increased the target price from $0.00 to $12.50. At the time, this indicated a possible upside of 0.07%.

Yesterday Superior Plus Corp. (TSE:SPB) traded -0.09% lower at $11.72. SPB’s 50-day average is $11.64 and its two hundred day average is $10.78. With the last close up 8.48% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 106,858 shares of the stock were exchanged, down from an average trading volume of 455,271

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Superior Plus Corp. (TSE:SPB)

Superior Plus Corp. has a PE ratio of 17.29 with a one year low of $8.42 and a one year high of $12.20 Superior Plus Corp.’s market capitalization is currently $0.

In addition to Scotia Capital reporting its stock price target, a total of 10 firms have reported on the company. The average stock price target is $9.54 with two analysts rating the company a strong buy, 4 firms rating the stock a buy, 4 brokers rating the stock a hold, 0 brokerages rating the company a underperform, and lastly 0 brokerages rating the stock a sell.

Brief Synopsis On Superior Plus Corp. (TSE:SPB)

Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through three segments: Energy Services, Specialty Chemicals and Construction Products Distribution. Superior's Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S. refined fuels division. Energy Services also provides fixed-price natural gas and electricity supply services under Superior Energy Management. The Specialty Chemicals segment is a supplier of sodium chlorate and technology to the pulp and paper industries, and a regional supplier of potassium and chloralkali products in the United States Midwest. The Construction Products Distribution segment is a distributor of commercial and industrial insulation in North America, and a distributor of specialty construction products to the walls and ceilings industry in Canada.

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