Superior Plus Corp. (TSE:SPB) Given Average Rating of “Moderate Buy” by Analysts

Shares of Superior Plus Corp. (TSE:SPB) have earned an average rating of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$9.95.

A number of equities research analysts have issued reports on SPB shares. Raymond James raised shares of Superior Plus from a “hold” rating to a “moderate buy” rating in a research report on Friday, February 28th. TD Securities upped their price objective on shares of Superior Plus from C$7.50 to C$9.00 in a research report on Thursday, December 5th. Finally, CIBC upped their price objective on shares of Superior Plus from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a research report on Thursday, January 9th.

Superior Plus Trading Up 0.9 %

TSE:SPB opened at C$6.61 on Wednesday. Superior Plus has a one year low of C$5.15 and a one year high of C$10.36. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. The firm has a 50-day moving average of C$6.28 and a 200-day moving average of C$6.73. The company has a market cap of C$1.11 billion, a PE ratio of 24.30 and a beta of 0.76.

Superior Plus Company Profile

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.