Todays Report: Today: Superior Plus Corp. (SPB) Earns “Sector Perform” Rating from Scotiabank

Today: Superior Plus Corp. (SPB) Earns “Sector Perform” Rating from Scotiabank

Scotiabank reaffirmed their sector perform rating on shares of Superior Plus Corp. (TSE:SPB) in a report released on Wednesday. They currently have a C$12.50 price target on the stock.

A number of other equities research analysts also recently commented on SPB. TD Securities cut their price objective on Superior Plus Corp. from C$14.50 to C$14.00 and set an action list buy rating for the company in a research report on Monday, July 4th. Royal Bank Of Canada reiterated an outperform rating and set a C$12.00 price objective on shares of Superior Plus Corp. in a research report on Tuesday, July 5th. CIBC restated a sector perform rating and issued a C$12.00 target price on shares of Superior Plus Corp. in a report on Wednesday, July 6th. AltaCorp Capital upgraded Superior Plus Corp. from a sector perform rating to an outperform rating in a report on Wednesday, July 6th. Finally, Canaccord Genuity restated a buy rating and issued a C$12.50 target price on shares of Superior Plus Corp. in a report on Thursday, July 14th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Superior Plus Corp. presently has a consensus rating of Buy and a consensus target price of C$12.36.

Superior Plus Corp. (TSE:SPB) opened at 11.38 on Wednesday. Superior Plus Corp. has a 52 week low of $8.42 and a 52 week high of $12.20. The firm’s 50 day moving average price is $11.69 and its 200-day moving average price is $11.04. The firm has a market cap of $1.62 billion and a PE ratio of 16.83.

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date of this dividend is Thursday, October 27th.

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