SunOpta (STKL) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 4 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
SunOpta (STKL) : The most positive equity analysts on SunOpta (STKL) expects the shares to touch $9, whereas, the least positive believes that the stock will trade at $7 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $7.77 with an expected fluctuation of $1.12 from the mean.
Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of SunOpta (NASDAQ:STKL). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $8 per share from a prior target of $5.5. The rating by the firm was issued on September 9, 2016.
SunOpta (NASDAQ:STKL): After opening at $6.8, the stock dipped to an intraday low of $6.7 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.04 and the buying power remained strong till the end. The stock closed at $6.98 for the day, a gain of 7.06% for the day session. The total traded volume was 883,478. The stocks close on the previous trading day was $6.52.
SunOpta Inc. is a global company operating businesses focused on healthy products portfolio. The Company specializes in sourcing, processing and packaging of natural, organic and specialty food products. It operates in three segments: Global Ingredients, Consumer Products and Opta Minerals. It sources organic and non-genetically modified (non-GMO) crops from growers and suppliers. The Global Ingredients segment aggregates its North American-based Raw Material Sourcing and Supply and European-based International Sourcing and Supply operating segments. The Consumer Products segment manufactures and supplies branded and private label aseptic beverages; re-sealable pouch products; individually quick frozen (IQF) fruits and vegetables; fruit bases and toppings; juices; shelf stable juices and waters, and fruit- and grain-based snacks. The Opta Minerals segment processes, distributes and recycles industrial minerals; silica-free abrasives, and specialty sands.