Saputo (TSE:SAP – Get Free Report) received a C$28.00 target price from equities researchers at National Bankshares in a research report issued on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 15.80% from the company’s previous close.
SAP has been the topic of several other reports. TD Securities decreased their price target on shares of Saputo from C$37.00 to C$35.00 and set a “buy” rating on the stock in a research note on Friday, March 28th. Royal Bank of Canada decreased their target price on shares of Saputo from C$38.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. CIBC cut their price target on Saputo from C$32.00 to C$29.00 in a report on Monday, February 10th. Desjardins reduced their price target on Saputo from C$34.00 to C$31.00 and set a “buy” rating on the stock in a research note on Monday, February 10th. Finally, BMO Capital Markets lowered their price objective on Saputo from C$30.00 to C$27.00 and set a “market perform” rating for the company in a research report on Friday, January 10th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$31.00.
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Saputo Stock Up 0.4 %
Saputo Company Profile
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
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