Superior Plus Corp. (TSE:SPB) Price Target Raised to C$13.75

Superior Plus Corp. (TSE:SPB) had its price objective hoisted by Scotiabank from C$13.50 to C$13.75 in a research report released on Thursday morning. The firm currently has a sector perform rating on the stock.

Separately, TD Securities reissued a hold rating and issued a C$14.00 price objective on shares of Superior Plus Corp. in a report on Thursday, May 4th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of C$13.81.

Superior Plus Corp. (TSE:SPB) opened at 11.41 on Thursday. The stock has a market cap of $1.83 billion and a P/E ratio of 6.78. Superior Plus Corp. has a 12-month low of $10.80 and a 12-month high of $13.34. The stock has a 50 day moving average price of $11.20 and a 200-day moving average price of $12.22.

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The company also recently disclosed a monthly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be issued a $0.06 dividend. This represents a $0.72 annualized dividend and a yield of 6.31%. The ex-dividend date is Tuesday, August 29th.

About Superior Plus Corp.

Superior Plus Corp. engages in the energy distribution and specialty chemicals businesses in Canada, the United States, and Chile. The company’s Energy Distribution segment provides distribution, wholesale procurement, and related services for propane, heating oil, and other refined fuels. Its Specialty Chemicals segment supplies sodium chlorate and technology to the pulp and paper industries, as well as potassium and chlor-alkali products.

Analyst Recommendations for Superior Plus Corp. (TSE:SPB)

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