Shares of Superior Plus Corp. (TSE:SPB – Get Rating) have received a consensus rating of "Moderate Buy" from the twelve research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$13.98.

A number of brokerages have recently commented on SPB. CIBC cut their price target on shares of Superior Plus from C$13.50 to C$13.25 in a report on Thursday, July 21st. ATB Capital decreased their price target on shares of Superior Plus from C$14.50 to C$13.50 and set a "sector perform" rating for the company in a research note on Thursday, May 12th. Scotiabank decreased their price target on shares of Superior Plus from C$13.00 to C$12.50 in a research note on Thursday, August 11th. Finally, Canaccord Genuity Group lifted their price target on shares of Superior Plus from C$13.50 to C$14.00 in a research note on Monday, May 16th.

Superior Plus Price Performance

Shares of TSE:SPB opened at C$10.81 on Wednesday. The firm has a market cap of C$2.18 billion and a PE ratio of 360.33. The firm's fifty day moving average is C$11.33 and its 200-day moving average is C$11.59. The company has a debt-to-equity ratio of 116.45, a quick ratio of 0.66 and a current ratio of 1.14. Superior Plus has a 52 week low of C$10.75 and a 52 week high of C$15.06.

Superior Plus Announces Dividend

Insider Buying and Selling at Superior Plus

In related news, insider Marquard & Bahls AG bought 7,900 shares of the company's stock in a transaction on Wednesday, June 22nd. The shares were purchased at an average cost of C$11.15 per share, for a total transaction of C$88,066.83. Following the completion of the purchase, the insider now directly owns 36,679,664 shares in the company, valued at C$408,893,890.37. Insiders have purchased a total of 34,300 shares of company stock worth $382,530 over the last three months.

Superior Plus Company Profile

(Get Rating)

Superior Plus Corp. engages in the energy distribution business. It operates through two segments, U.S. Propane Distribution and Canadian Propane Distribution. The U.S. Propane Distribution segment distributes and sells propane, heating oil, and other liquid fuels in the Northeast, Atlantic, the Southeast, the Midwest, and California.

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