Superior Plus Corp. (SPB) PT Lowered to C$13.00 at TD Securities

Superior Plus Corp. (TSE:SPB) had its price objective decreased by analysts at TD Securities from C$14.00 to C$13.00 in a research note issued on Thursday. The brokerage presently has a “hold” rating on the stock. TD Securities’ price target suggests a potential upside of 13.94% from the stock’s current price.

Separately, Scotiabank raised their price target on Superior Plus Corp. from C$13.50 to C$13.75 and gave the company a “sector perform” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of C$13.81.

Shares of Superior Plus Corp. (SPB) opened at 11.41 on Thursday. Superior Plus Corp. has a 52-week low of $10.80 and a 52-week high of $13.34. The stock has a market capitalization of $1.83 billion and a PE ratio of 6.78. The stock has a 50 day moving average price of $11.20 and a 200-day moving average price of $12.22.

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Superior Plus Corp. Company Profile

Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The company’s Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products.

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