Today, an analyst has provided a rating update for Superior Plus (SPB). Analyst Patrick Kenny from National Bank rated Superior Plus (SPB) a Buy, setting a C$14.50 price target.
According to TipRanks.com, Kenny is a 4-star analyst with an average return of 9.3% and a 88.5% success rate. Kenny covers the Basic Materials sector, focusing on stocks such as Inter Pipeline Ltd, Gibson Energy Inc, and Pembina Pipeline.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Superior Plus with a C$14.13 average price target.
Based on Superior Plus’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of C$48.3 million. In comparison, last year the company had a net profit of C$45.3 million.
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 Thursday at C$11.64.
