Saputo Inc. (SAPIF) – What Are Analysts Saying About This Stock?

Saputo Inc. (OTCMKTS:SAPIF) has received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several equities analysts have recently issued reports on SAPIF shares. Jefferies Financial Group cut Saputo to a “hold” rating in a research report on Friday, July 24th. Canadian Imperial Bank of Commerce initiated coverage on Saputo in a research note on Thursday, October 22nd. They issued a “neutral” rating on the stock.

Saputo Price Performance

Shares of OTCMKTS:SAPIF opened at $31.11 on Thursday. Saputo has a 12 month low of $26.41 and a 12 month high of $32.49. The stock’s 50 day moving average price is $28.60 and its 200 day moving average price is $29.68.

About Saputo

Saputo Inc. is a Canadian dairy processor and one of the largest dairy companies in the world. Founded in Montreal in 1954 by Lino Saputo, the company produces, distributes and markets a broad range of dairy products for retail, foodservice and industrial customers. Its product portfolio includes cheese, fluid milk, cream, cultured dairy products, butter, dairy ingredients, milk powders, whey products and other specialty dairy items. Saputo markets products under a range of established regional and international brands, as well as through private-label and business-to-business offerings.