Saputo Inc. (OTCMKTS:SAPIF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Saputo Inc. (OTCMKTS:SAPIF) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

Several brokerages recently commented on SAPIF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Saputo in a report on Monday, June 8th. Jefferies Financial Group lowered shares of Saputo to a “hold” rating in a report on Friday.

Saputo Price Performance

Shares of SAPIF stock opened at $28.53 on Tuesday. Saputo has a 1-year low of $20.11 and a 1-year high of $32.49. The stock has a 50-day moving average of $29.66 and a 200-day moving average of $30.15.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.