Desjardins Increases Saputo Price Target to C$64.00 (SAP)

Saputo (TSE:SAP) had its price target upped by Desjardins from C$58.00 to C$64.00 in a research note issued to investors on Friday. The firm currently has a buy rating on the stock.

Shares of Saputo (TSE:SAP) traded up 0.99% on Friday, hitting $61.37. 187,088 shares of the company’s stock traded hands. Saputo has a one year low of $46.01 and a one year high of $60.89. The stock has a 50-day moving average of $58.37 and a 200-day moving average of $53.72. The company has a market cap of $11.986 billion and a price-to-earnings ratio of 22.26.

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