Saputo Downgraded by Desjardins to Hold (SAP)

Desjardins downgraded shares of Saputo (TSE:SAP) from a buy rating to a hold rating in a report issued on Friday.

Saputo (TSE:SAP) traded down 0.17% during mid-day trading on Friday, hitting $64.69. The stock had a trading volume of 53,977 shares. Saputo has a 52 week low of $46.13 and a 52 week high of $65.12. The stock’s 50-day moving average is $61.90 and its 200-day moving average is $56.44. The company has a market cap of $12.634 billion and a P/E ratio of 23.74.

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