Superior Plus (TSE:SPB) Upgraded at Raymond James

Raymond James upgraded shares of Superior Plus (TSE:SPB) from a hold rating to a moderate buy rating in a research report released on Friday,Zacks.com reports. Raymond James also issued estimates for Superior Plus’ Q1 2025 earnings at $0.58 EPS, Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.31) EPS, Q4 2025 earnings at $0.34 EPS and FY2026 earnings at $0.48 EPS.

SPB has been the topic of several other reports. TD Securities lifted their price objective on Superior Plus from C$7.50 to C$9.00 in a report on Thursday, December 5th. Cibc World Mkts raised shares of Superior Plus to a “strong-buy” rating in a research report on Friday, November 8th. Scotiabank cut their price target on shares of Superior Plus from C$12.00 to C$9.00 in a report on Monday, November 11th. Finally, CIBC raised their price objective on shares of Superior Plus from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Superior Plus currently has an average rating of “Moderate Buy” and a consensus price target of C$9.95.

Superior Plus Stock Up 3.5 %

Shares of Superior Plus stock opened at C$6.84 on Friday. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. Superior Plus has a 1-year low of C$5.15 and a 1-year high of C$10.36. The business has a 50-day moving average of C$6.21 and a 200-day moving average of C$6.83. The company has a market capitalization of C$1.15 billion, a PE ratio of 25.15 and a beta of 0.76.

Insider Transactions at Superior Plus

In other Superior Plus news, Senior Officer Natasha Anne Cherednichenko bought 4,800 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of C$6.13 per share, for a total transaction of C$29,445.12. Insiders own 0.54% of the company’s stock.

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.