Craig-Hallum analyst Alex Fuhrman maintained a Buy rating on SunOpta (STKL – Research Report) today. The company’s shares closed yesterday at $5.41.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as WW International, The Lovesac Company, and Lindblad Expeditions Holdings. According to TipRanks, Fuhrman has an average return of -3.3% and a 41.83% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SunOpta with a $8.50 average price target.
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STKL market cap is currently $625.7M and has a P/E ratio of -3.80.
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SunOpta (STKL) Company Description:
SunOpta, Inc. engages in the sourcing, processing, and packaging of organic and non-genetically modified food and beverage products. It operates through the following segments: Global Ingredients, Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages. The Global Ingredients segment focuses on the procurement and sale of specialty and organic grains and seeds, raw material ingredients, value-added grain and cocoa-based ingredients, and organic commodities. The Plant-Based Foods and Beverages segment offers a full line of plant-based beverages and liquid and dry ingredients, as well as broths, teas and nutritional beverages. The Fruit-Based Foods and Beverages segment offers quick frozen fruit for retail and bulk frozen fruit for food service, and custom fruit preparations for industrial use. The company was founded on November 13, 1973 and is headquartered in Mississauga, Canada.
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