Scotiabank Reiterates “C$6.25” Price Target for Rogers Sugar (TSE:RSI)

Rogers Sugar (TSE:RSI) received a C$6.25 target price from equities researchers at Scotiabank in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Scotiabank’s target price would indicate a potential upside of 9.84% from the stock’s current price.

Rogers Sugar Trading Down 0.7 %

Shares of RSI traded down C$0.04 on Wednesday, hitting C$5.69. 268,591 shares of the stock traded hands, compared to its average volume of 176,948. The company has a quick ratio of 0.56, a current ratio of 1.66 and a debt-to-equity ratio of 100.31. The firm has a market capitalization of C$727.86 million, a P/E ratio of 15.41 and a beta of 0.60. The stock’s 50 day moving average is C$5.69 and its two-hundred day moving average is C$5.68. Rogers Sugar has a 1 year low of C$5.12 and a 1 year high of C$5.98.

Rogers Sugar Company Profile

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.