North West (TSE:NWC) Given New C$45.00 Price Target at TD Securities

North West (TSE:NWC) had its price target hoisted by TD Securities from C$44.00 to C$45.00 in a report released on Thursday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, Royal Bank of Canada raised their price objective on shares of North West from C$38.00 to C$40.00 in a report on Thursday.

North West Stock Performance

TSE NWC opened at C$38.56 on Thursday. The firm has a market cap of C$1.84 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 1.11 and a beta of 0.63. The company has a 50 day moving average of C$39.41 and a 200-day moving average of C$37.99. The company has a current ratio of 2.14, a quick ratio of 0.64 and a debt-to-equity ratio of 63.79. North West has a 1-year low of C$29.58 and a 1-year high of C$41.12.

North West Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Monday, April 29th will be paid a dividend of $0.39 per share. The ex-dividend date is Wednesday, April 17th. This represents a $1.56 annualized dividend and a dividend yield of 4.05%. North West’s dividend payout ratio (DPR) is currently 58.87%.

Insider Activity

In other news, Senior Officer Leanne Flewitt sold 995 shares of the stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total transaction of C$38,884.60. 0.15% of the stock is owned by insiders.

About North West

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.