RBC Capital Maintains Their Buy Rating on Superior Plus (SPB)

Superior Plus (SPBResearch Report), the Utilities sector company, has received a rating update from a Wall Street analyst on June 27. RBC Capital’s analyst Nelson Ng reiterates their Buy rating on the shares, with a C$15.00 price target.

Ng has an average return of 2.9% when recommending Superior Plus.

According to TipRanks.com, Ng is ranked #653 out of 8474 analysts.

Superior Plus has an analyst consensus of Strong Buy, with a price target consensus of C$14.60.

The company has a one-year high of C$11.69 and a one-year low of C$9.10. Currently, Superior Plus has an average volume of 708.4K.

Superior Plus Corp is a diversified business corporation, incorporated under the Canada Business Corporations Act. The Company operates three reportable operating segments: Energy Distribution, and Specialty Chemicals. Its Energy Distribution operating segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels. Its Specialty Chemicals operating segment is a supplier of sodium chlorate and technology to the pulp and paper industries and a regional supplier of potassium and chloralkali products to the U.S. Midwest.

The company’s shares closed last Wednesday at C$9.59.

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