Superior Plus Corp. (TSE:SPB) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Superior Plus Corp. (TSE:SPB - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$9.85.

A number of equities research analysts have weighed in on SPB shares. CIBC upped their price target on shares of Superior Plus from C$9.00 to C$9.50 and gave the company an "outperform" rating in a report on Thursday, April 3rd. National Bankshares increased their price objective on Superior Plus from C$6.50 to C$7.50 and gave the stock a "sector perform" rating in a research note on Thursday, April 3rd. Scotiabank upgraded shares of Superior Plus from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from C$7.50 to C$9.50 in a report on Monday, April 7th. ATB Capital increased their price objective on Superior Plus from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a report on Thursday, April 3rd. Finally, Raymond James upgraded Superior Plus from a "hold" rating to a "moderate buy" rating in a report on Friday, February 28th.

Superior Plus Stock Performance

Shares of SPB traded down C$0.02 during trading hours on Thursday, reaching C$7.01. 323,499 shares of the company's stock traded hands, compared to its average volume of 863,624. Superior Plus has a twelve month low of C$5.15 and a twelve month high of C$9.60. The firm has a market capitalization of C$1.18 billion, a price-to-earnings ratio of 25.77 and a beta of 0.76. The business's fifty day simple moving average is C$6.68 and its two-hundred day simple moving average is C$6.48. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.