#Saputo Price Target Raised to C$65.00 at NBF (SAP)

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Analysts at NBF upped their price target on shares of Saputo (TSE:SAP) from C$63.00 to C$65.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “sector perform” rating on the stock. NBF’s price objective would indicate a potential downside of 1.31% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Desjardins downgraded shares of Saputo from a “buy” rating to a “hold” rating in a research note on Friday, July 11th. Separately, analysts at CSFB raised their price target on shares of Saputo from C$54.00 to C$56.00 in a research note on Thursday, June 12th. They now have a “neutral” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Saputo in a research note on Monday, June 9th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Saputo presently has an average rating of “Hold” and a consensus price target of C$62.29.

Shares of Saputo (TSE:SAP) opened at 65.86 on Wednesday. Saputo has a 52-week low of $46.13 and a 52-week high of $65.98. The stock’s 50-day moving average is $63.10 and its 200-day moving average is $57.18. The company has a market cap of $12.863 billion and a price-to-earnings ratio of 23.97.

Saputo (TSE:SAP) last issued its quarterly earnings data on Friday, June 6th. The company reported $0.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.75 by $0.03. On average, analysts predict that Saputo will post $3.28 earnings per share for the current fiscal year.

Saputo Inc is a dairy processor in Canada and cheese producer in the United States. The Company produces, markets and distributes an array of dairy products from Canada, the United States and Argentina, as well as bakery products from Canada.

Analysts at NBF upped their price target on shares of Saputo (TSE:SAP) from C$63.00 to C$65.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “sector perform” rating on the stock. NBF’s price objective would indicate a potential downside of 1.31% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Desjardins downgraded shares of Saputo from a “buy” rating to a “hold” rating in a research note on Friday, July 11th. Separately, analysts at CSFB raised their price target on shares of Saputo from C$54.00 to C$56.00 in a research note on Thursday, June 12th. They now have a “neutral” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Saputo in a research note on Monday, June 9th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Saputo presently has an average rating of “Hold” and a consensus price target of C$62.29.
Shares of Saputo (TSE:SAP) opened at 65.86 on Wednesday. Saputo has a 52-week low of $46.13 and a 52-week high of $65.98. The stock’s 50-day moving average is $63.10 and its 200-day moving average is $57.18. The company has a market cap of $12.863 billion and a price-to-earnings ratio of 23.97.
Saputo (TSE:SAP) last issued its quarterly earnings data on Friday, June 6th. The company reported $0.78 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.75 by $0.03. On average, analysts predict that Saputo will post $3.28 earnings per share for the current fiscal year.
Saputo Inc is a dairy processor in Canada and cheese producer in the United States. The Company produces, markets and distributes an array of dairy products from Canada, the United States and Argentina, as well as bakery products from Canada.
 
Source: WKBB

Mirá También

Así lo expresó Domingo Possetto, secretario de la seccional Rafaela, quien además, afirmó que a los productores «habitualmente los ignoran los gobiernos». Además, reconoció la labor de los empresarios de las firmas locales y aseguró que están «esperanzados» con la negociación entre SanCor y Adecoagro.

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