Rogers Sugar (TSE:RSI) Given New C$5.25 Price Target at National Bank Financial

Rogers Sugar (TSE:RSI) had its price objective decreased by National Bank Financial from C$5.50 to C$5.25 in a research note issued to investors on Friday, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

A number of other research firms have also issued reports on RSI. Desjardins lowered their target price on shares of Rogers Sugar from C$6.25 to C$6.00 in a research note on Friday, May 3rd. BMO Capital Markets lowered their target price on shares of Rogers Sugar from C$6.00 to C$5.50 in a research note on Friday, May 3rd.

TSE:RSI traded down C$0.30 during midday trading on Friday, reaching C$5.36. The stock had a trading volume of 523,700 shares, compared to its average volume of 104,302. Rogers Sugar has a 1-year low of C$5.23 and a 1-year high of C$6.17. The business has a fifty day moving average price of C$5.70. The company has a debt-to-equity ratio of 100.53, a current ratio of 2.23 and a quick ratio of 0.80. The firm has a market capitalization of $562.84 million and a PE ratio of 13.71.

Rogers Sugar (TSE:RSI) last posted its earnings results on Thursday, May 2nd. The company reported C$0.05 earnings per share (EPS) for the quarter. The firm had revenue of C$189.25 million during the quarter, compared to analyst estimates of C$208.70 million. As a group, equities research analysts expect that Rogers Sugar will post 0.48 EPS for the current year.

About Rogers Sugar

Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar and maple products. It offers granulated, plantation raw, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.

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