BMO Capital Remains a Hold on Saputo Inc. (SAP)


A Wall Street analyst has provided a review for the Consumer Goods company on April 26, but retained the same rating on the stock. BMO Capital’s analyst Peter Sklar reiterates their Hold rating on the shares of Saputo Inc. (SAP), with a C$45 price target.

According to TipRanks.com, Sklar is a 4-star analyst with an average return of 5.3% and a 51.3% success rate. Sklar covers the Services sector, focusing on stocks such as Restaurant Brands International, Loblaw Companies Limited, and Canadian Tire Corp Ltd.

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Currently, the analyst consensus on Saputo Inc. is a Moderate Buy with an average price target of C$46.75.

The company has a one-year high of C$46.41 and a one-year low of C$35.56. Currently, Saputo Inc. has an average volume of 440.2K.

Saputo, Inc. produces, markets, and distributes a wide array of dairy products. Its products include cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients. The company was founded by Emanuele Saputo Sr. in September 1954 and is headquartered in Saint-LĂ©onard, Canada.

The company’s shares closed on Wednesday at C$45.63, close to its 52-week high of C$46.41.

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