Rogers Sugar (TSE:RSI) Given a C$6.25 Price Target at Scotiabank

Rogers Sugar (TSE:RSIGet Free Report) has been given a C$6.25 price objective by Scotiabank in a note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 9.84% from the stock’s previous close.

Rogers Sugar Stock Down 0.7 %

Shares of TSE RSI traded down C$0.04 during trading on Wednesday, reaching C$5.69. 268,591 shares of the stock were exchanged, compared to its average volume of 176,948. The company has a market capitalization of C$727.86 million, a price-to-earnings ratio of 15.41 and a beta of 0.60. The business’s 50-day moving average price is C$5.69 and its 200 day moving average price is C$5.68. The company has a quick ratio of 0.56, a current ratio of 1.66 and a debt-to-equity ratio of 100.31. Rogers Sugar has a twelve month low of C$5.12 and a twelve month high of C$5.98.

Rogers Sugar Company Profile

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Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

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