Superior Plus (SPB) Gets a Buy Rating from Raymond James


Superior Plus (SPB), the Services sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Steve Hansen from Raymond James rated Superior Plus (SPB) a Buy, setting a C$14.50 price target.

According to TipRanks.com, Hansen is ranked #3454 out of 5141 analysts.

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Currently, the analyst consensus on Superior Plus is a Strong Buy with an average price target of C$14.65, which is a 40.3% upside from current levels. In a report issued on January 9, CIBC also reiterated a Buy rating on the stock.

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The company has a one-year high of C$13.56 and a one-year low of C$9.17. Currently, Superior Plus has an average volume of 603.2K.

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 Monday at C$10.44.