Saputo Inc. (OTCMKTS:SAPIF) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Saputo Inc. (OTCMKTS:SAPIF) have earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

Several analysts have recently commented on the stock. BMO Capital Markets reaffirmed a “market perform” rating on shares of Saputo in a research report on Monday, February 9th. TD Securities reaffirmed a “buy” rating on shares of Saputo in a research report on Monday, February 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Saputo in a research report on Monday, February 2nd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Saputo in a research report on Monday, February 9th.

Saputo Trading Up 1.3%

SAPIF opened at $29.00 on Friday. Saputo has a twelve month low of $18.14 and a twelve month high of $32.49. The company has a fifty day moving average of $30.76 and a 200-day moving average of $28.91.

Saputo Company Profile

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.