The Consumer Goods sector company, Saputo Inc. (SAP), has received a rating update from a Wall Street analyst today. Analyst Irene Nattel from RBC Capital reiterated a Buy rating, with a C$52 price target.
According to TipRanks.com, Nattel is a 4-star analyst with an average return of 4.4% and a 57.9% success rate. Nattel covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Canadian Tire Corp Ltd, and Casey’s General.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Saputo Inc. with a C$46.58 average price target.
The company has a one-year high of C$46.41 and a one-year low of C$35.56. Currently, Saputo Inc. has an average volume of 438.2K.
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 Tuesday at C$45.55, close to its 52-week high of C$46.41.
