Saputo (TSE:SAP – Free Report) had its target price lowered by Desjardins from C$34.00 to C$31.00 in a report published on Monday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for Saputo’s Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.52 EPS and FY2026 earnings at $1.92 EPS.
SAP has been the topic of a number of other reports. BMO Capital Markets decreased their target price on Saputo from C$30.00 to C$27.00 and set a “market perform” rating on the stock in a report on Friday, January 10th. Jefferies Financial Group cut their price target on Saputo from C$36.00 to C$32.00 and set a “buy” rating for the company in a research note on Monday, December 23rd. National Bankshares cut their price target on Saputo from C$31.00 to C$28.00 in a research note on Wednesday, January 15th. TD Securities cut their price target on Saputo from C$38.00 to C$37.00 in a research note on Monday, November 11th. Finally, CIBC cut their price target on Saputo from C$35.00 to C$32.00 in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Saputo has an average rating of “Moderate Buy” and an average price target of C$31.29.
View Our Latest Analysis on SAP
Saputo Price Performance
Saputo Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.76 dividend on an annualized basis and a yield of 3.13%. Saputo’s dividend payout ratio is presently 120.63%.
Insider Activity at Saputo
In other news, Senior Officer Leanne Cutts acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of C$26.25 per share, for a total transaction of C$105,000.00. 40.45% of the stock is currently owned by insiders.
Saputo Company Profile
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
Read More
- Five stocks we like better than Saputo
- What is the Shanghai Stock Exchange Composite Index?
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Trading Halts Explained
- Inflation Persists, But So Do Stock Opportunities: Rally On
- What Are Dividend Challengers?
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.