Superior Plus (TSE:SPB) Stock Rating Lowered by TD Securities

Superior Plus (TSE:SPB) was downgraded by stock analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

SPB has been the topic of several other research reports. Stifel Nicolaus reduced their price target on shares of Superior Plus from C$10.00 to C$9.00 and set a “buy” rating on the stock in a research report on Monday. National Bank Financial cut their target price on Superior Plus from C$7.00 to C$6.00 and set a “sector perform” rating for the company in a research note on Monday. BMO Capital Markets downgraded Superior Plus from an “outperform” rating to a “hold” rating and reduced their target price for the company from C$9.00 to C$8.00 in a report on Friday. Desjardins cut Superior Plus from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$8.75 to C$7.00 in a report on Monday. Finally, Royal Bank Of Canada dropped their price objective on Superior Plus from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Monday. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$7.80.

Superior Plus Stock Down 1.9%

Shares of TSE SPB opened at C$6.36 on Monday. The stock has a market capitalization of C$1.42 billion, a P/E ratio of 90.86 and a beta of 0.49. The stock’s fifty day moving average is C$7.26 and its 200 day moving average is C$7.43. Superior Plus has a 52 week low of C$5.85 and a 52 week high of C$8.34. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67.

Superior Plus (TSE:SPB) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.33 earnings per share for the quarter. Superior Plus had a net margin of 1.80% and a return on equity of 4.21%. The business had revenue of C($3.43) million during the quarter.

More Superior Plus News

Here are the key news stories impacting Superior Plus this week:

• Positive Sentiment: Royal Bank of Canada trimmed its price target to C$10.00 but kept an “outperform” rating (large upside vs. current levels), signaling continued conviction from a major bank. BayStreet.CA
• Positive Sentiment: Stifel Nicolaus lowered its target to C$9.00 but remains a “buy”, indicating some analysts still see substantial upside from here. BayStreet.CA
• Positive Sentiment: ATB Cormark cut its target to C$8.00 but left an “outperform” rating, another vote that some investors may consider selective buying opportunities after the drop. BayStreet.CA
• Neutral Sentiment: Raymond James downgraded SPB from “outperform” to “market perform” and lowered its target to C$8.50 — a cautious stance that reduces conviction but leaves a sizable theoretical upside. BayStreet.CA
• Neutral Sentiment: Desjardins cut the rating from “buy” to “hold” and dropped its target to C$7.00, a modestly less favorable view that is unlikely to spark buying. BayStreet.CA
• Negative Sentiment: Scotiabank downgraded the stock from “outperform” to “sector perform” and cut its target to C$6.50 — a near‑term neutral-to-negative signal with very limited upside, which pressures sentiment. BayStreet.CA
• Negative Sentiment: National Bank Financial lowered its target to C$6.00 and moved to “sector perform” — a price target implying downside from current levels and adding direct downward pressure. BayStreet.CA
• Negative Sentiment: Multiple headlines reported a sharp intraday drawdown (~18–20%) following earlier analyst downgrades, amplifying momentum selling and volatility. These stories reflect and reinforce the market reaction. Superior Plus Stock Price Down 19% Following Analyst Downgrade

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.