The stock of Rogers Sugar Inc (TSE:RSI) is a huge mover today! About 105,040 shares traded hands. Rogers Sugar Inc (TSE:RSI) has risen 23.25% since April 20, 2016 and is uptrending. It has outperformed by 17.84% the S&P500.
The move comes after 9 months positive chart setup for the $590.34 million company. It was reported on Nov, 24 by Barchart.com. We have $6.47 PT which if reached, will make TSE:RSI worth $17.71 million more.
Rogers Sugar Inc (TSE:RSI) Ratings Coverage
Out of 2 analysts covering Rogers Sugar Inc (TSE:RSI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $4.50 is the highest target while $4.25 is the lowest. The $4.38 average target is -30.25% below today’s ($6.28) stock price. Rogers Sugar Inc has been the topic of 2 analyst reports since November 20, 2015 according to StockzIntelligence Inc. National Bank Canada maintained Rogers Sugar Inc (TSE:RSI) on Thursday, November 26 with “Sector Perform” rating.
More recent Rogers Sugar Inc (TSE:RSI) news were published by: Reuters.com which released: “BRIEF-Rogers Sugar Inc declares dividend to shareholders” on November 23, 2016. Also Reuters.com published the news titled: “BRIEF-Rogers Sugar Inc 4th quarter 2016 results” on November 23, 2016. Reuters.com‘s news article titled: “Rogers Sugar suspends production at Montreal plant after strike” with publication date: May 31, 2016 was also an interesting one.
Rogers Sugar Inc. is a Canada-based company, which is engaged in the refining, packaging and marketing of sugar products. The company has a market cap of $590.34 million. The Firm holds all of the common shares of Lantic Inc. , which operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. It has a 9.75 P/E ratio. In Eastern Canada, the Company markets sugar products under the Lantic trade name and include granulated, icing, cube, liquid, yellow and brown sugars.
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