Saputo Inc. (SAP), the Consumer Goods sector company was revisited yesterday, yet the Wall Street analyst remains currently on the sidelines. Analyst Mark Petrie from CIBC remains neutral on the stock and has a C$47 price target.
According to TipRanks.com, Petrie is ranked #383 out of 5205 analysts.
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Currently, the analyst consensus on Saputo Inc. is a Moderate Buy with an average price target of C$44.33, a 3.3% upside from current levels. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a C$44 price target.
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Saputo Inc.’s market cap is currently C$16.69B and has a P/E ratio of 21.3. The company has a Price to Book ratio of 3.06.
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-Léonard, Canada.
The company’s shares closed on Friday at C$42.91.
