Rogers Sugar (OTCMKTS:RSGUF) Price Target Raised to C$5.25 at National Bankshares

Rogers Sugar (OTCMKTS:RSGUF) had its price target raised by National Bankshares from C$5.00 to C$5.25 in a research note issued to investors on Wednesday, The Fly reports. The firm currently has a “sector perform” rating on the stock.

Several other analysts have also recently commented on the stock. BMO Capital Markets reduced their price objective on shares of Rogers Sugar from C$6.00 to C$5.75 and set a “market perform” rating for the company in a research note on Thursday, August 5th. National Bank Financial reduced their price objective on shares of Rogers Sugar from C$5.25 to C$5.00 and set a “sector perform” rating for the company in a research note on Friday, August 6th. Finally, Scotiabank reduced their price objective on shares of Rogers Sugar from C$5.75 to C$5.50 and set a “sector perform” rating for the company in a research note on Thursday, August 5th. Six research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $5.45.

RSGUF stock opened at $4.49 on Wednesday. Rogers Sugar has a one year low of $4.10 and a one year high of $4.98. The company has a fifty day moving average of $4.48 and a 200-day moving average of $4.53.

About Rogers Sugar

Rogers Sugar, Inc engages in the refining, packaging, and marketing of sugar products. Its products include brown sugar, by-products, dry blending, granulated sugar, icing sugar, jam and jelly mix, liquid sugar, organic sugar, plantation raw sugar, stevia, and syrups. The company was founded on September 15, 1997 and is headquartered in Vancouver, Canada.

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