Rogers Sugar (RSI) Gets a Hold Rating from Desjardins


On May 3, an analyst has provided a rating update for the Consumer Goods sector company, Rogers Sugar (RSI). Analyst Frederic Tremblay from Desjardins rated Rogers Sugar (RSI) a Hold on May 3, setting a C$6 price target.

According to TipRanks.com, Tremblay is ranked #4199 out of 5194 analysts.

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Currently, the analyst consensus on Rogers Sugar is a Moderate Buy with an average price target of C$6, a 1.2% upside from current levels. In a report issued on May 3, BMO Capital also reiterated a Hold rating on the stock with a C$5.50 price target.

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Rogers Sugar’s market cap is currently C$622.7M and has a P/E ratio of 14.8. The company has a Price to Book ratio of 1.77.

Rogers Sugar, Inc. engages in the refining, packaging, and marketing of sugar products. Its products include brown sugar, by-products, dry blending, granulated sugar, icing sugar, jam and jelly mix, liquid sugar, organic sugar, plantation raw sugar, stevia, and syrups. The company was founded on September 15, 1997 and is headquartered in Vancouver, Canada.

The company’s shares closed on Monday at C$5.93.

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