Does Superior Plus Corp. Have Any Gas After Today’s Huge Decline?

 Does Superior Plus Corp. Have Any Gas After Today's Huge Decline?

The stock of Superior Plus Corp. (TSE:SPB) is a huge mover today! About 93,880 shares traded hands. Superior Plus Corp. (TSE:SPB) has risen 13.88% since April 18, 2016 and is uptrending. It has outperformed by 9.33% the S&P500.
The move comes after 7 months negative chart setup for the $1.69 billion company. It was reported on Nov, 22 by Barchart.com. We have $11.04 PT which if reached, will make TSE:SPB worth $118.30 million less.

Superior Plus Corp. (TSE:SPB) Ratings Coverage

Out of 7 analysts covering Superior Plus Corp. (TSE:SPB), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. $16.50 is the highest target while $11 is the lowest. The $12.61 average target is 6.23% above today’s ($11.87) stock price. Superior Plus Corp. has been the topic of 25 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, October 28 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, July 24 by Raymond James. Scotia Capital maintained Superior Plus Corp. (TSE:SPB) on Thursday, September 1 with “Sector Perform” rating. The firm earned “Buy” rating on Monday, May 2 by Cormark Securities. The stock has “Action List Buy” rating given by TD Securities on Friday, August 12. The rating was initiated by RBC Capital Markets with “Outperform” on Thursday, August 20. The stock has “Sector Perform” rating given by IBC on Wednesday, July 6. Scotia Capital maintained Superior Plus Corp. (TSE:SPB) on Wednesday, September 21 with “Sector Perform” rating. The firm has “Action List Buy” rating by TD Securities given on Friday, July 24. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, July 24 report.

More notable recent Superior Plus Corp. (TSE:SPB) news were published by: Marketwired.com which released: “Superior Plus Corp. Announces 2016 Second Quarter Results” on August 09, 2016, also Reuters.com with their article: “BRIEF-Superior Plus Corp announces 2016 third quarter results” published on October 27, 2016, Marketwired.com published: “Superior Plus Corp. Announces 2016 First Quarter Results” on April 28, 2016. More interesting news about Superior Plus Corp. (TSE:SPB) were released by: Marketwatch.com and their article: “Superior Plus Corp. Announces 2015 Annual and Fourth Quarter Results” published on February 18, 2016 as well as Business.Financialpost.com‘s news article titled: “Regulatory risk comes to bear on Superior Plus Corp’s plans to acquire Canexus …” with publication date: June 28, 2016.

Superior Plus Corp. is a Canada diversified business company. The company has a market cap of $1.69 billion. The Firm operates through three divisions: Energy Services, Specialty Chemicals and Construction Products Distribution. It has a 10.27 P/E ratio. Superior’s Energy Services segment provides distribution, wholesale procurement and related services in relation to propane, heating oil and other refined fuels under Canadian propane division and U.S. refined fuels division.

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