Trade Report: Today, Superior Plus Corp.’s (SPB) Buy Rating Reiterate at TD Securities

Today, Superior Plus Corp.’s (SPB) Buy Rating Reiterate at TD Securities

TD Securities reissued their buy rating on shares of Superior Plus Corp. (TSE:SPB) in a report issued on Monday morning. TD Securities currently has a C$13.50 price target on the stock.

Other equities research analysts also recently issued research reports about the stock. Royal Bank Of Canada boosted their price objective on shares of Superior Plus Corp. from C$12.00 to C$13.00 and gave the company an outperform rating in a research report on Monday. Scotiabank reaffirmed a sector perform rating and set a C$12.50 price objective on shares of Superior Plus Corp. in a research report on Thursday, September 1st. Cormark raised shares of Superior Plus Corp. from a market perform rating to a buy rating in a research report on Monday, October 31st. CIBC boosted their price objective on shares of Superior Plus Corp. from C$11.50 to C$12.25 in a research report on Monday, October 31st. Finally, Canaccord Genuity boosted their price objective on shares of Superior Plus Corp. from C$13.00 to C$13.25 and gave the company a buy rating in a research report on Monday, October 31st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Superior Plus Corp. has a consensus rating of Buy and a consensus target price of C$12.64.

Shares of Superior Plus Corp. (TSE:SPB) opened at 12.00 on Monday. Superior Plus Corp. has a 52-week low of $8.42 and a 52-week high of $12.23. The firm has a market capitalization of $1.71 billion and a P/E ratio of 4.84. The stock’s 50 day moving average is $11.64 and its 200-day moving average is $11.36.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 15th will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 6.00%. The ex-dividend date is Monday, November 28th.

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