Other research analysts also recently issued reports about the company. TD Securities dropped their target price on Loblaw Companies from C$82.00 to C$69.00 in a research note on Friday, November 2nd. Barclays boosted their target price on Loblaw Companies from C$71.00 to C$75.00 and gave the stock a c$69.40 rating in a research note on Monday, July 23rd. Royal Bank of Canada dropped their target price on Loblaw Companies from C$84.00 to C$73.00 and set an outperform rating on the stock in a research note on Friday, November 2nd. Raymond James boosted their target price on Loblaw Companies from C$82.00 to C$85.00 and gave the stock an outperform rating in a research note on Thursday, July 26th. Finally, National Bank Financial boosted their target price on Loblaw Companies from C$72.00 to C$73.00 and gave the stock a sector perform rating in a research note on Wednesday, September 5th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of C$72.50.
L opened at C$58.33 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.62 and a debt-to-equity ratio of 123.69. Loblaw Companies has a 12 month low of C$50.02 and a 12 month high of C$58.42.
About Loblaw Companies
Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy, health and beauty, apparel, general merchandise, credit card, insurance brokerage, gift card, and telecommunication services in Canada. It operates through three segments: Retail, Financial Services, and Choice Properties.
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