Saputo Inc. (SAP), the Consumer Goods sector company, has received a rating update from a Wall Street analyst yesterday. Analyst Martin Landry from GMP FirstEnergy reiterated a Hold rating, with a C$43.50 price target.
According to TipRanks.com, Landry is ranked #19 out of 5203 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Saputo Inc. with a C$45.58 average price target, a 6.5% upside from current levels. In a report released yesterday, National Bank also maintained a Hold rating on the stock with a C$46 price target.
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Saputo Inc.’s market cap is currently C$16.64B and has a P/E ratio of 21.9. The company has a Price to Book ratio of 3.05.
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 Monday at C$42.79.
