Superior Plus (TSE:SPB) Upgraded to “Hold” at TD Securities

TD Securities upgraded shares of Superior Plus (TSE:SPB) from a strong sell rating to a hold rating in a research report report published on Wednesday morning,Zacks reports.

A number of other research analysts have also recently commented on SPB. Raymond James Financial reduced their price objective on Superior Plus from C$8.50 to C$7.00 and set a “market perform” rating on the stock in a research note on Thursday. BMO Capital Markets lowered their target price on Superior Plus from C$8.50 to C$6.50 and set a “market perform” rating for the company in a research note on Thursday. ATB Cormark Capital Markets dropped their target price on Superior Plus from C$9.00 to C$7.00 and set a “sector perform” rating on the stock in a report on Thursday. Desjardins reduced their price target on Superior Plus from C$8.25 to C$6.50 and set a “hold” rating on the stock in a research report on Thursday. Finally, National Bank Financial set a C$6.50 price target on Superior Plus and gave the stock a “sector perform” rating in a research report on Thursday. One research analyst has rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Superior Plus has a consensus rating of “Hold” and an average price target of C$7.62.

Superior Plus Stock Up 2.1%

Shares of Superior Plus stock opened at C$5.42 on Wednesday. The company has a fifty day moving average price of C$6.80 and a 200 day moving average price of C$7.28. The company has a current ratio of 0.88, a quick ratio of 0.46 and a debt-to-equity ratio of 218.38. Superior Plus has a twelve month low of C$5.11 and a twelve month high of C$8.86. The stock has a market cap of C$1.16 billion, a price-to-earnings ratio of 30.11 and a beta of 0.31.

Superior Plus (TSE:SPB) last announced its quarterly earnings results on Tuesday, November 10th. The company reported C($0.53) earnings per share (EPS) for the quarter. Superior Plus had a net margin of 1.88% and a return on equity of 5.33%. The company had revenue of C$541.12 million during the quarter. During the same period in the prior year, the company posted ($0.47) EPS.

Key Stories Impacting Superior Plus

Investors following SPB have been watching these stories:

• Positive Sentiment: TD upgraded Superior Plus from “sell” to “hold,” setting a C$5.50 target—only modestly above the cited C$5.42 share price. TD analyst rating
• Neutral Sentiment: Superior Plus reported that its Q3 net loss narrowed. However, the earnings report cited a loss of C$0.53 per share, compared with C$0.47 a year earlier, tempering the improvement. Superior Plus Q3 net loss narrows
• Neutral Sentiment: The company declared a fourth-quarter 2026 dividend, which may appeal to income-focused investors; the supplied report does not specify the dividend amount. Superior Plus declares 2026 fourth-quarter dividend

Superior Plus Company Profile

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.