Analysts Set Superior Plus Corp. (TSE:SPB) PT at $13.84

Superior Plus Corp. (TSE:SPB) has received an average recommendation of “Buy” from the ten brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$13.81.

SPB has been the subject of a number of analyst reports. Scotiabank upped their target price on Superior Plus Corp. from C$13.50 to C$13.75 and gave the stock a “sector perform” rating in a report on Wednesday, May 3rd. TD Securities reiterated a “hold” rating and set a C$14.00 price objective on shares of Superior Plus Corp. in a report on Thursday, May 4th.

Superior Plus Corp. (TSE SPB) opened at 11.30 on Monday. The stock has a market cap of $1.61 billion and a PE ratio of 6.92. Superior Plus Corp. has a 52 week low of $10.80 and a 52 week high of $13.34. The firm’s 50-day moving average price is $11.20 and its 200-day moving average price is $12.23.

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 6.37%. The ex-dividend date of this dividend is Thursday, July 27th.

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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.

Analyst Recommendations for Superior Plus Corp. (TSE:SPB)

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