Saputo Inc. (OTCMKTS:SAPIF) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Saputo Inc. (OTCMKTS:SAPIF) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

Several equities research analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Saputo to a “hold” rating in a research report on Friday. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Saputo in a research report on Monday, June 8th.

Saputo Stock Performance

OTCMKTS:SAPIF opened at $28.53 on Tuesday. The stock’s 50-day moving average is $29.66 and its 200-day moving average is $30.15. Saputo has a 1-year low of $20.11 and a 1-year high of $32.49.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.