Rogers Sugar (RSI) Receives a Hold from BMO Capital

By Jason Carr

In a new note to investors today, an analyst has provided a rating update for Rogers Sugar (RSIResearch Report). Analyst Stephen Macleod from BMO Capital rated Rogers Sugar (RSIResearch Report) a Hold, setting a C$5 price target.

According to TipRanks.com, Macleod is ranked #508 out of 5245 analysts.

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Rogers Sugar has an analyst consensus of Moderate Buy, with a price target consensus of C$5.58, implying a 3.1% upside from current levels. In a report released today, Desjardins also maintained a Hold rating on the stock with a C$5.25 price target.

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The company has a one-year high of C$6.17 and a one-year low of C$5.23. Currently, Rogers Sugar has an average volume of 93K.

Rogers Sugar, Inc. engages in the refining, packaging, and marketing of sugar products. Its products include brown sugar, by-products, dry blending, granulated sugar, icing sugar, jam and jelly mix, liquid sugar, organic sugar, plantation raw sugar, stevia, and syrups. The company was founded on September 15, 1997 and is headquartered in Vancouver, Canada.

The company’s shares closed on Friday at C$5.41.