12:25 PM EDT, 06/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our 12-month target by CAD1 to CAD34, calculated using a 10x EV/EBITDA multiple (unchanged) against our FY 26 (Mar.) EBITDA of CAD1,738M (+11% Y/Y; trimmed from CAD1,795M) vs. the 11x long-term mean. We cut our 2026 EPS to CAD1.80 from CAD2.14 and initiate 2027 EPS at CAD2.20. We expect FY 26 to be a stronger year, following several years of headwinds from shifting consumer habits (e.g., secular declines in dairy consumption), elevated inflation, and execution missteps. In the U.S. segment, we see upside from multi-year supply chain optimization efforts. We expect margins to expand in the U.S. segment on continued efficiency gains. In addition, SAP notes the recovering foodservice channel in the U.S. segment. In Europe, the outlook is improving as inflation moderates. Canada has historically been a relative bright spot, and we expect strength to continue, supported by new volume and customer wins in F4Q (Mar-Q). We also expect share buybacks to persist given SAP's depressed valuation.