About 12,478 shares traded hands. Saputo Inc. (TSE:SAP) has risen 28.65% since October 13, 2015 and is uptrending. It has outperformed by 27.18% the S&P500. The move comes after 7 months negative chart setup for the $15.32 billion company. It was reported on May, 18 by Barchart.com. We have $36.71 PT which if reached, will make TSE:SAP worth $1.38B less.
Out of 9 analysts covering Saputo Inc. (TSE:SAP), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. $32.48 is the highest target while $25.52 is the lowest. The $29.86 average target is -11.11% below today’s ($40.34) stock price. Saputo Inc. has been the topic of 13 analyst reports since August 5, 2015 according to StockzIntelligence Inc.
Saputo Inc is a Canada-based dairy processor and cheese producer in the United States. The company has a market cap of $15.32 billion. Saputo produces, markets, and distributes a variety of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. It has a 26.06 P/E ratio. The Company’s products are sold in 40 countries under brand names such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads, Great Midwest, King’s Choice, Kingsey, La Paulina, Milk2Go, Neilson, Nutrilait, Ricrem, Salemville, Scotsburn4, Stella, Sungold and Treasure Cave.
Source: Wall Street