Superior Plus Corp. (TSE:SPB) Given Average Rating of “Buy” by Analysts

Shares of Superior Plus Corp. (TSE:SPB) have been given a consensus rating of “Buy” by the ten analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$13.91.

A number of research firms have recently weighed in on SPB. Scotiabank lifted their price target on shares of Superior Plus Corp. from C$13.00 to C$13.50 and gave the company a “sector perform” rating in a research report on Thursday, August 3rd. TD Securities reiterated a “hold” rating and issued a C$14.00 price target on shares of Superior Plus Corp. in a research report on Thursday, May 4th.

Superior Plus Corp. (TSE:SPB) traded up 0.99% during trading on Monday, hitting $11.24. The stock had a trading volume of 164,028 shares. Superior Plus Corp. has a 1-year low of $10.80 and a 1-year high of $13.34. The firm has a market cap of $1.61 billion and a price-to-earnings ratio of 6.89. The firm’s 50 day moving average is $11.21 and its 200 day moving average is $12.26.

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, July 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.41%.

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About Superior Plus Corp.

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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