Rogers Sugar (TSE:RSI) Upgraded at TD Securities

Rogers Sugar (TSE:RSI) was upgraded by research analysts at TD Securities to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Scotiabank downgraded shares of Rogers Sugar from a “hold” rating to a “strong sell” rating and lowered their target price for the company from C$6.50 to C$6.00 in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$6.90.

Rogers Sugar Price Performance

Shares of RSI opened at C$6.66 on Monday. The company has a market cap of C$854.25 million, a price-to-earnings ratio of 12.57 and a beta of 0.78. Rogers Sugar has a twelve month low of C$5.52 and a twelve month high of C$6.80. The company has a quick ratio of 0.56, a current ratio of 2.22 and a debt-to-equity ratio of 88.50. The company has a 50 day moving average of C$6.58 and a two-hundred day moving average of C$6.33.

Rogers Sugar (TSE:RSI) last announced its earnings results on Thursday, May 7th. The company reported C$0.14 earnings per share for the quarter. The company had revenue of C$280.62 million during the quarter. Rogers Sugar had a net margin of 5.58% and a return on equity of 14.94%. As a group, analysts predict that Rogers Sugar will post 0.5597668 earnings per share for the current fiscal year.

About Rogers Sugar

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.