Fair company at a wonderful price? * TD Cowen’s Aaron MacNeil lowered his Superior Plus Corp. (
) target to $10 from $12, keeping a “buy” rating, while BMO’s John Gibson cut his target to $10 from $12 with an “outperform” rating. The average is $11.32.
“Q2/24 results fell short of expectations due to lower volumes (mostly weather related). Certarus continues to feel competitive pressures in the U.S, although management expects a pick-up towards year-end. ... Despite facing modest headwinds in the business, we maintain our Outperform rating as the valuation currently sits near alltime lows, and well below U.S. peers,” said Mr. Gibson.