Rogers Sugar Inc’s Trend Down, Especially After Today’s Weak Session

 Rogers Sugar Inc's Trend Down, Especially After Today's Weak Session

The stock of Rogers Sugar Inc (TSE:RSI) is a huge mover today! About 29,791 shares traded hands. Rogers Sugar Inc (TSE:RSI) has risen 31.44% since April 22, 2016 and is uptrending. It has outperformed by 25.43% the S&P500.
The move comes after 6 months negative chart setup for the $607.20M company. It was reported on Nov, 28 by Barchart.com. We have $6.23 PT which if reached, will make TSE:RSI worth $18.22M less.

Rogers Sugar Inc (TSE:RSI) Ratings Coverage

Out of 4 analysts covering Rogers Sugar Inc (TSE:RSI), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. $6.50 is the highest target while $4.25 is the lowest. The $6 average target is -6.54% below today’s ($6.42) stock price. Rogers Sugar Inc has been the topic of 5 analyst reports since November 20, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Thursday, November 26 by National Bank Canada. TD Securities maintained the shares of RSI in a report on Thursday, November 24 with “Market 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 $607.20 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 9.97 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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