L has been the topic of several other research reports. Royal Bank of Canada lowered their price objective on shares of Loblaw Companies from C$87.00 to C$84.00 and set an outperform rating on the stock in a research note on Wednesday, January 31st. TD Securities lifted their price target on shares of Loblaw Companies from C$78.00 to C$81.00 in a research note on Thursday, November 16th. Barclays lifted their price target on shares of Loblaw Companies from C$74.00 to C$75.00 in a research note on Thursday, November 16th. Desjardins set a C$84.00 price target on shares of Loblaw Companies and gave the stock a buy rating in a research note on Thursday, November 16th. Finally, Eight Capital lifted their price target on shares of Loblaw Companies from C$73.00 to C$75.00 in a research note on Thursday, November 16th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Loblaw Companies currently has a consensus rating of Buy and an average price target of C$77.90.
Shares of Loblaw Companies (TSE L) opened at C$65.39 on Friday. The stock has a market cap of $25,290.00, a price-to-earnings ratio of 15.61 and a beta of 0.37. Loblaw Companies has a 52 week low of C$63.30 and a 52 week high of C$78.87.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another domain, it was illegally copied and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be read at https://www.tickerreport.com/banking-finance/3224489/cibc-cuts-loblaw-companies-l-price-target-to-c79-00.html.
Loblaw Companies Limited is a Canada-based holding company. The Company operates through three segments: Retail, Financial Services and Choice Properties. The Company’s Retail segment consists of corporate and franchise-owned retail food and Associate-owned drug stores, and includes in-store pharmacies and other health and beauty products, gas bars, apparel and other general merchandise.
Receive News & Ratings for Loblaw Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loblaw Companies and related companies with MarketBeat.com's FREE daily email newsletter.