Saputo (TSE:SAP – Get Free Report) had its target price boosted by research analysts at Desjardins from C$31.00 to C$36.00 in a report released on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Desjardins’ price target would indicate a potential upside of 10.46% from the company’s current price. Desjardins also issued estimates for Saputo’s Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.53 EPS, FY2026 earnings at $1.90 EPS and FY2027 earnings at $2.18 EPS.
Other equities research analysts have also issued reports about the stock. National Bankshares raised their price target on shares of Saputo from C$29.00 to C$35.00 and gave the company an “outperform” rating in a report on Monday. BMO Capital Markets raised their target price on Saputo from C$27.00 to C$34.00 in a research note on Monday. TD Securities lifted their target price on Saputo from C$35.00 to C$38.00 and gave the stock a “buy” rating in a research report on Monday. Scotiabank reduced their price target on Saputo from C$30.00 to C$29.00 and set an “outperform” rating for the company in a report on Monday, June 9th. Finally, Royal Bank Of Canada raised their price objective on Saputo from C$35.00 to C$37.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Saputo currently has a consensus rating of “Moderate Buy” and an average price target of C$34.63.
Check Out Our Latest Analysis on SAP
Saputo Stock Up 1.6%
About Saputo
Saputo is a global dairy processor domiciled in Canada (28% of fiscal 2022 sales) with operations in the United States (43%), the U.K. (6%), and other international markets (23%). It sells cheese, cream, fluid milk, and other dairy products. In the retail segment (50% of revenue), its mix of brands include Saputo, Armstrong, Cheer, Cathedral City, and Frylight.
Recommended Stories
- Five stocks we like better than Saputo
- How to trade using analyst ratings
- NFL and WWE Land on ESPN—The Impact on Disney and TKO Stocks
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- If Qualcomm Holds $145, Its Next Move Could Be Massive
- How Can Investors Benefit From After-Hours Trading
- Intel’s White House Reset: From Political Storm to a Clearer Sky
Receive News & Ratings for Saputo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saputo and related companies with MarketBeat.com's FREE daily email newsletter.