Rogers Sugar (TSE:RSI) Price Target Raised to C$7.00

Rogers Sugar (TSE:RSI) had its price objective increased by BMO Capital Markets from C$6.50 to C$7.00 in a report published on Friday morning,BayStreet.CA reports.

Separately, Scotiabank set a C$6.25 price objective on shares of Rogers Sugar and gave the stock a “sector perform” rating in a research note on Wednesday, November 27th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$6.55.

Rogers Sugar Trading Up 1.8 %

TSE:RSI opened at C$6.10 on Friday. Rogers Sugar has a one year low of C$5.12 and a one year high of C$6.14. The business has a fifty day moving average price of C$5.71 and a 200-day moving average price of C$5.68. The firm has a market capitalization of C$780.31 million, a price-to-earnings ratio of 16.49 and a beta of 0.60. The company has a debt-to-equity ratio of 100.31, a current ratio of 1.66 and a quick ratio of 0.56.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.