Rogers Sugar Inc (RSI) Given Sector Perform Rating at National Bank Financial

Rogers Sugar Inc (TSE:RSI)‘s stock had its “sector perform” rating reiterated by investment analysts at National Bank Financial in a research report issued to clients and investors on Monday, July 31st. They presently have a C$6.75 price target on the stock. National Bank Financial’s price target indicates a potential upside of 4.49% from the company’s previous close. National Bank Financial also issued estimates for Rogers Sugar’s FY2017 earnings at $0.40 EPS and FY2018 earnings at $0.50 EPS.

A number of other analysts have also weighed in on RSI. Scotiabank restated a “sector perform” rating and set a C$6.50 target price on shares of Rogers Sugar in a report on Thursday, May 4th. TD Securities reiterated a “hold” rating and set a C$6.50 price objective on shares of Rogers Sugar in a report on Friday, May 5th.

Shares of Rogers Sugar (TSE:RSI) opened at 6.46 on Monday. The stock’s 50 day moving average price is $6.36 and its 200 day moving average price is $6.34. Rogers Sugar has a 12-month low of $5.75 and a 12-month high of $6.94. The company has a market cap of $683.00 million and a P/E ratio of 17.75.

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Rogers Sugar Company Profile

Rogers Sugar Inc, through its subsidiary, Lantic Inc, engages in refining, packaging, and marketing sugar products in Canada. It offers white and cubes granulated, Plantation Raw, brown, icing, Steva, liquid, and coconut sugar, as well as syrups, jam and jelly mixes, iced tea mixes, and hot chocolate mixes.

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