In a new note to investors today, an analyst has provided a rating update for the Services sector company, Superior Plus (TSX: SPB). Analyst Raveel Afzaal from Canaccord Genuity rated Superior Plus (TSX: SPB) a Buy, setting a C$13.50 price target.
Afzaal has an average return of 8.5% when recommending Superior Plus.
According to TipRanks.com, Afzaal is ranked #2521 out of 4850 analysts.
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Currently, the analyst consensus on Superior Plus is a Strong Buy with an average price target of C$14.90.
The company has a one-year high of C$13.51 and a one-year low of C$11.15. Currently, Superior Plus has an average volume of 462.4K.
Superior Plus Corp. engages in the provision of propane distribution, specialty chemicals, construction products distribution and fixed price energy services. The company operates through two segments: Energy Distribution and Specialty Chemicals.
The company’s shares closed on Wednesday at C$13.23, close to its 52-week high of C$13.51.
