Analyst Activity – Royal Bank of Canada Reiterates Outperform on Loblaw Companies Ltd (TSE:L)


Analyst Ratings For Loblaw Companies Ltd (TSE:L)

Today, Royal Bank of Canada reiterated its Outperform rating on Loblaw Companies Ltd (TSE:L) with a price target of C$87.00.

There are 4 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Loblaw Companies Ltd (TSE:L) is Buy (Score: 2.50) with a consensus target price of C$79.73 per share, a potential .

Some recent analyst ratings include

  • 4/21/2017-Royal Bank of Canada Reiterated Rating of Outperform.
  • 4/20/2017-Scotiabank Reiterated Rating of Sector Perform.
  • 4/20/2017-BMO Capital Markets Reiterated Rating of Market Perform.
  • 2/24/2017-TD Securities Reiterated Rating of Buy.

    About Loblaw Companies Ltd (TSE:L)
    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. The Company’s Financial Services segment provides credit card services, loyalty programs, insurance brokerage services, personal banking services, gift cards and telecommunication services. Choice Properties segment owns, develops and manages income-producing commercial properties across Canada. The Company has developed a line of control brand products and services that are sold or made available throughout its store network and are available to certain independent grocery customers. It markets control brand products under brand names, President’s Choice, PC, no name, PC Organics and Blue Menu.

    Recent Trading Activity for Loblaw Companies Ltd (TSE:L)
    Shares of Loblaw Companies Ltd closed the previous trading session at 73.38 up +0.44 0.60% with 318,131 shares trading hands.

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