Desjardins Boosts Rogers Sugar (TSE:RSI) Price Target to C$7.50

Rogers Sugar (TSE:RSI) had its price objective lifted by investment analysts at Desjardins from C$7.25 to C$7.50 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective would suggest a potential upside of 21.16% from the stock’s previous close.

Rogers Sugar Trading Down 0.2%

TSE RSI opened at C$6.19 on Wednesday. Rogers Sugar has a twelve month low of C$5.22 and a twelve month high of C$6.47. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39. The stock has a market cap of C$789.83 million, a price-to-earnings ratio of 14.17 and a beta of 0.60. The firm’s 50 day moving average price is C$5.68 and its two-hundred day moving average price is C$5.59.

Rogers Sugar Company Profile

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.