The latest update is out from Rogers Sugar ( (TSE:RSI) ).
Rogers Sugar Inc. has secured a five-year agreement with the Alberta Sugar Beet Growers to supply sugar beets to its Taber refining plant from 2025 to 2029. This agreement ensures the continued production of 100% Canadian sugar at the Taber facility, supporting the needs of customers in Western Canada and maintaining strong ties with approximately 200 Southern Alberta farm families.
Spark’s Take on TSE:RSI Stock
According to Spark, TipRanks’ AI Analyst, TSE:RSI is a Outperform.
Rogers Sugar’s overall performance is strong, driven by robust revenue growth and strategic investments, despite some cash flow challenges. The technical indicators suggest positive momentum, although caution is needed due to potential overbought conditions. The company’s valuation remains attractive with a solid dividend yield, and recent corporate financing activities have bolstered financial stability. Potential risks from tariffs and economic pressures are balanced by the company’s strategic focus and financial resilience.
To see Spark’s full report on TSE:RSI stock, click here.
More about Rogers Sugar
Rogers Sugar Inc. is a Canadian corporation that operates under the Lantic and Rogers trademarks, producing a variety of sugar products including granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups. The company has cane sugar refineries in Montréal and Vancouver, and the only Canadian sugar beet processing facility in Taber, Alberta. It also operates a distribution center in Toronto and bottling plants in Québec and Vermont, offering maple syrup products in about fifty countries.
Average Trading Volume: 238,899
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$724.9M
See more data about RSI stock on TipRanks’ Stock Analysis page.