Saputo Inc. (SAP) Receives a Buy from RBC Capital


Saputo Inc. (TSX: SAP), the Consumer Goods sector company, was revisited by a Wall Street analyst yesterday. The company received a Buy rating from RBC Capital’s analyst Irene Nattel, with a C$49 price target.

Nattel has an average return of 9.3% when recommending Saputo Inc..

According to TipRanks.com, Nattel is ranked #1692 out of 4849 analysts.

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Currently, the analyst consensus on Saputo Inc. is a Moderate Buy with an average price target of C$46.50.

Saputo Inc.’s market cap is currently C$16.96B and has a P/E ratio of 19.8. 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-LĂ©onard, Canada.

The company’s shares closed on Tuesday at C$41.84.

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