Rogers Sugar Inc. (OTCMKTS:RSGUF) shares shot up 0.3% during mid-day trading on Tuesday . The stock traded as high as $4.51 and last traded at $4.51. 4,000 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 2,433 shares. The stock had previously closed at $4.49.
Several brokerages have issued reports on RSGUF. National Bankshares boosted their price target on Rogers Sugar from C$5.00 to C$5.25 and gave the company a “sector perform” rating in a research note on Wednesday. National Bank Financial dropped their price target on Rogers Sugar from C$5.25 to C$5.00 and set a “sector perform” rating on the stock in a research note on Friday, August 6th. Scotiabank dropped their price target on Rogers Sugar from C$5.75 to C$5.50 and set a “sector perform” rating on the stock in a research note on Thursday, August 5th. Finally, BMO Capital Markets dropped their price target on Rogers Sugar from C$6.00 to C$5.75 and set a “market perform” rating on the stock in a research note on Thursday, August 5th. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $5.45.
The business has a 50-day moving average price of $4.48 and a two-hundred day moving average price of $4.53.
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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