Rogers Sugar Inc (RSI) Given New C$7.00 Price Target at TD Securities

Rogers Sugar Inc (TSE:RSI) had its target price upped by TD Securities from C$6.50 to C$7.00 in a research report sent to investors on Wednesday, August 9th. The brokerage currently has a hold rating on the stock.

Other research analysts have also issued research reports about the stock. National Bank Financial restated a sector perform rating and issued a C$6.75 price target on shares of Rogers Sugar in a research report on Monday, July 31st. Scotiabank restated a sector perform rating and issued a C$6.50 price target on shares of Rogers Sugar in a research report on Thursday, May 4th. Finally, BMO Capital Markets upgraded shares of Rogers Sugar from a market perform rating to an outperform rating and lifted their price target for the stock from C$6.75 to C$7.00 in a research report on Monday, July 31st.

Rogers Sugar (RSI) traded down 1.22% during midday trading on Wednesday, reaching $6.46. The company had a trading volume of 187,429 shares. Rogers Sugar has a 52-week low of $5.75 and a 52-week high of $6.94. The company has a market capitalization of $683.00 million and a P/E ratio of 17.75. The company’s 50 day moving average is $6.36 and its 200-day moving average is $6.34.

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Rogers Sugar Company Profile

Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar products in Canada. It offers white and cubes granulated, Plantation Raw, brown, icing, Steva, liquid, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.

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