Superior Plus (SPB) Receives a Buy from Raymond James

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the Superior Plus (SPBResearch Report). The company received a Buy today from Raymond James’ analyst Steve Hansen, with a C$14.50 price target.

Hansen has an average return of 5.9% when recommending Superior Plus.

According to TipRanks.com, Hansen is ranked #865 out of 5194 analysts.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Superior Plus with a C$14.15 average price target.

Superior Plus’ market cap is currently C$2.03B and has a P/E ratio of 0. The company has a Price to Book ratio of 1.86.

Superior Plus Corp. engages in the provision of propane distribution, specialty chemicals, construction products distribution and fixed price energy services. The company operates through two segments: Energy Distribution and Specialty Chemicals.

The company’s shares closed on Thursday at C$11.39.