SunOpta Seen Gaining as Shoppers Go Organic
This article is for subscribers only.
SunOpta Inc., the Canadian food manufacturer that processes more organic soybeans in the U.S. than any other company, is poised to increase investor returns as consumers buy more non-genetically modified and organic foods.
SunOpta has surged 46 percent this year, the best return among six food-processing stocks in Canada and almost four times the 10-percent average. Analysts covering Brampton, Ontario-based SunOpta expect the shares to gain 2.9 percent over the next 12 months, according to ratings compiled by Bloomberg.