Rogers Sugar (TSE:RSI) PT Raised to C$6.00 at National Bankshares

Rogers Sugar (TSE:RSIGet Free Report) had its target price upped by equities researchers at National Bankshares from C$5.50 to C$6.00 in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price objective would suggest a potential upside of 6.95% from the stock’s current price.

Several other brokerages also recently issued reports on RSI. Scotiabank lowered their price objective on shares of Rogers Sugar from C$6.50 to C$6.00 and set a “sector perform” rating for the company in a research report on Friday, December 1st. National Bank Financial reiterated a “sector perform overweight” rating on shares of Rogers Sugar in a research note on Wednesday, October 25th. Finally, BMO Capital Markets reduced their target price on Rogers Sugar from C$6.50 to C$6.00 and set a “market perform” rating for the company in a research note on Friday, December 1st.

View Our Latest Report on RSI

Rogers Sugar Stock Up 0.7 %

Shares of TSE:RSI opened at C$5.61 on Friday. The company has a quick ratio of 0.56, a current ratio of 1.75 and a debt-to-equity ratio of 142.84. Rogers Sugar has a 52-week low of C$4.96 and a 52-week high of C$6.41. The company has a 50 day moving average of C$5.46 and a two-hundred day moving average of C$5.47. The company has a market capitalization of C$589.89 million, a price-to-earnings ratio of 12.75 and a beta of 0.59.

Rogers Sugar (TSE:RSIGet Free Report) last issued its quarterly earnings data on Thursday, November 30th. The company reported C$0.10 earnings per share (EPS) for the quarter. Rogers Sugar had a net margin of 4.69% and a return on equity of 17.31%. The company had revenue of C$308.04 million during the quarter. As a group, analysts forecast that Rogers Sugar will post 0.3998574 earnings per share for the current fiscal year.

About Rogers Sugar

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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.

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