What’s Next for Superior Plus Corp. After Today’s Huge Increase?

 What's Next for Superior Plus Corp. After Today's Huge Increase?

The stock of Superior Plus Corp. (TSE:SPB) is a huge mover today! About 524,679 shares traded hands or 48.30% up from the average. Superior Plus Corp. (TSE:SPB) has risen 12.25% since April 27, 2016 and is uptrending. It has outperformed by 6.33% the S&P500.
The move comes after 6 months positive chart setup for the $1.78B company. It was reported on Dec, 1 by Barchart.com. We have $13.03 PT which if reached, will make TSE:SPB worth $106.80M more.

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. Superior Plus Corp. has been the topic of 25 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Cormark Securities on Monday, May 2. The rating was maintained by RBC Capital Markets on Friday, October 28 with “Outperform”. TD Securities maintained Superior Plus Corp. (TSE:SPB) rating on Friday, July 24. TD Securities has “Action List Buy” rating and $16.50 price target. The stock has “Sector Perform” rating given by Scotia Capital on Wednesday, September 21. The rating was maintained by TD Securities on Friday, August 12 with “Action List Buy”. On Friday, July 24 the stock rating was upgraded by Raymond James to “Outperform”. The stock has “Sector Perform” rating given by Scotia Capital on Friday, July 24. IBC reinitiated it with “Sector Perform” rating and $12 target price in Wednesday, July 6 report. The rating was maintained by Scotia Capital with “Sector Perform” on Thursday, September 1. RBC Capital Markets initiated Superior Plus Corp. (TSE:SPB) on Thursday, August 20 with “Outperform” rating.

More important recent Superior Plus Corp. (TSE:SPB) news were published by: Reuters.com which released: “BRIEF-Superior Plus Corp announces 2016 third quarter results” on October 27, 2016, also Marketwired.com published article titled: “Superior Plus Corp. Announces 2016 Second Quarter Results”, Marketwired.com published: “Superior Plus Corp. Announces 2016 First Quarter Results” on April 28, 2016. More interesting news about Superior Plus Corp. (TSE:SPB) was released by: Marketwatch.com and their article: “Superior Plus Corp. Announces 2015 Annual and Fourth Quarter Results” with publication date: February 18, 2016.

Superior Plus Corp. is a Canada diversified business company. The company has a market cap of $1.78 billion. The Firm operates through three divisions: Energy Services, Specialty Chemicals and Construction Products Distribution. It has a 10.63 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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