The Consumer Goods sector company, Saputo Inc. (TSX: SAP), has received a rating update from a Wall Street analyst today. Analyst Martin Landry from GMP FirstEnergy reiterated a Hold rating, with a C$40 price target.
According to TipRanks.com, Landry is ranked #88 out of 4850 analysts.
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Currently, the analyst consensus on Saputo Inc. is a Moderate Buy with an average price target of C$44.83.
Saputo Inc.’s market cap is currently C$16.21B and has a P/E ratio of 18.9. The company has a Price to Book ratio of 3.38.
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 Wednesday at C$40.94.
