Rating Watching: Rogers Sugar Inc (TSE:RSI) Had Its Target Raises by Equity Analysts at BMO Capital Markets to $6.50

November 24, 2016 - By olga

Rogers Sugar Inc (TSE:RSI) Target Raised

In a research note revealed to investors by BMO Capital Markets on Thursday, 24 November, Rogers Sugar Inc (TSE:RSI) had its target increased to $6.50. The firm now has “Hold” rating on the stock.

Rogers Sugar Inc (TSE:RSI) Ratings Coverage

Out of 2 analysts covering Rogers Sugar Inc (TSE:RSI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $4.50 is the highest target while $4.25 is the lowest. The $4.38 average target is -31.99% below today’s ($6.44) stock price. Rogers Sugar Inc has been the topic of 2 analyst reports since November 20, 2015 according to StockzIntelligence Inc. National Bank Canada maintained the stock with “Sector Perform” rating in Thursday, November 26 report.

About 282,830 shares traded hands or 113.13% up from the average. Rogers Sugar Inc (TSE:RSI) has risen 23.25% since April 20, 2016 and is uptrending. It has outperformed by 17.84% the S&P500.

Rogers Sugar Inc. is a Canada-based company, which is engaged in the refining, packaging and marketing of sugar products. The company has a market cap of $605.38 million. The Firm holds all of the common shares of Lantic Inc. , which operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. It has a 10 P/E ratio. In Eastern Canada, the Company markets sugar products under the Lantic trade name and include granulated, icing, cube, liquid, yellow and brown sugars.

More important recent Rogers Sugar Inc (TSE:RSI) news were published by: Reuters.com which released: “BRIEF-Rogers Sugar Inc declares dividend to shareholders” on November 23, 2016, also Reuters.com published article titled: “BRIEF-Rogers Sugar Inc 4th quarter 2016 results”, Reuters.com published: “Rogers Sugar suspends production at Montreal plant after strike” on May 31, 2016. More interesting news about Rogers Sugar Inc (TSE:RSI) was released by: Marketwired.com and their article: “Rogers Sugar Inc.: Interim Report for the 3rd Quarter 2016 Results” with publication date: July 27, 2016.

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