Superior Plus (TSE:SPB) Stock Rating Upgraded by Raymond James

Superior Plus (TSE:SPB) was upgraded by research analysts at Raymond James from a “hold” rating to a “moderate buy” rating in a report released on Friday,Zacks.com reports. Raymond James also issued estimates for Superior Plus’ Q1 2025 earnings at $0.58 EPS, Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.31) EPS, Q4 2025 earnings at $0.34 EPS and FY2026 earnings at $0.48 EPS.

A number of other equities research analysts also recently weighed in on the company. CIBC lifted their target price on 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. Scotiabank decreased their price objective on Superior Plus from C$12.00 to C$9.00 in a report on Monday, November 11th. TD Securities lifted their price objective on Superior Plus from C$7.50 to C$9.00 in a report on Thursday, December 5th. Finally, Cibc World Mkts raised Superior Plus to a “strong-buy” rating in a report on Friday, November 8th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Superior Plus presently has a consensus rating of “Moderate Buy” and a consensus target price of C$9.95.

Superior Plus Stock Up 3.5 %

SPB stock opened at C$6.84 on Friday. Superior Plus has a twelve month low of C$5.15 and a twelve month high of C$10.36. The company has a market cap of C$1.15 billion, a PE ratio of 25.15 and a beta of 0.76. The business’s 50-day simple moving average is C$6.21 and its 200 day simple moving average is C$6.82. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35.

Insider Transactions at Superior Plus

In other Superior Plus news, Senior Officer Natasha Anne Cherednichenko bought 4,800 shares of Superior Plus stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of C$6.13 per share, with a total value of C$29,445.12. 0.54% of the stock is owned by company insiders.

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.