Desjardins set a C$34.00 price target on Saputo (TSE:SAP – Free Report) in a research note issued to investors on Monday,BayStreet.CA reports. Desjardins also issued estimates for Saputo’s Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.62 EPS and FY2026 earnings at $2.01 EPS.
Several other research analysts have also recently weighed in on SAP. Royal Bank of Canada lowered their price target on shares of Saputo from C$39.00 to C$38.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 29th. CIBC lowered their price target on shares of Saputo from C$37.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Monday, August 12th. BMO Capital Markets cut shares of Saputo from an “outperform” rating to a “market perform” rating and lowered their price target for the company from C$35.00 to C$30.00 in a research report on Tuesday, October 15th. TD Securities lowered their price target on shares of Saputo from C$38.00 to C$37.00 in a research report on Monday. Finally, National Bankshares lowered their price target on shares of Saputo from C$36.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Monday, August 12th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$34.50.
Read Our Latest Report on Saputo
Saputo Trading Up 0.1 %
Saputo Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.19 per share. The ex-dividend date is Tuesday, December 10th. This represents a $0.76 dividend on an annualized basis and a yield of 2.90%. Saputo’s dividend payout ratio (DPR) is presently 120.63%.
Insiders Place Their Bets
In other Saputo news, Senior Officer Martin Gagnon purchased 2,000 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were bought at an average cost of C$29.73 per share, for a total transaction of C$59,450.00. Insiders own 40.45% of the company’s stock.
Saputo Company Profile
Saputo Inc produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and the United Kingdom. The company offers cheeses, including mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, blue, parmesan, goat cheese, feta, romano, and havarti; fine cheeses comprising brie and camembert; and other cheeses that include brick, colby, farmer, munster, monterey jack, fresh curd, and processed cheeses.
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