Superior Plus Corp. (TSE:SPB) had its target price boosted by Scotiabank from C$13.75 to C$14.00 in a report released on Thursday morning. Scotiabank currently has a sector perform rating on the stock.
Several other research firms have also recently weighed in on SPB. TD Securities lowered their price objective on shares of Superior Plus Corp. from C$14.00 to C$13.00 and set a hold rating on the stock in a research report on Thursday, August 10th. Canaccord Genuity upgraded shares of Superior Plus Corp. from a hold rating to a buy rating and set a C$13.00 price objective on the stock in a research report on Thursday, September 28th. Finally, BMO Capital Markets restated a market perform rating and set a C$13.00 price objective on shares of Superior Plus Corp. in a research report on Thursday, September 28th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of C$13.75.
Shares of Superior Plus Corp. (TSE:SPB) opened at C$12.48 on Thursday. Superior Plus Corp. has a 52-week low of C$10.80 and a 52-week high of C$13.34.
ILLEGAL ACTIVITY NOTICE: This story was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.chaffeybreeze.com/2017/11/12/scotiabank-raises-superior-plus-corp-spb-price-target-to-c14-00.html.
The firm also recently announced a monthly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 30th will be issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a dividend yield of 5.77%. The ex-dividend date is Wednesday, November 29th. Superior Plus Corp.’s dividend payout ratio is currently -104.35%.
In other Superior Plus Corp. news, Director Patrick Edward Gottschalk bought 30,000 shares of Superior Plus Corp. stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average price of C$10.19 per share, with a total value of C$305,700.00.
About Superior Plus Corp.
Superior Plus Corp. (Superior) is a Canada-based diversified business company. The Company operates through two segment: Energy Distribution and Specialty Chemicals. The Company’s Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and the United States refined fuels division.
Receive News & Ratings for Superior Plus Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Plus Corp. and related companies with MarketBeat.com's FREE daily email newsletter.