Loblaw Companies (OTCMKTS:LBLCF) Price Target Raised to C$130.00

Loblaw Companies (OTCMKTS:LBLCFGet Rating) had its target price upped by National Bank Financial from C$126.00 to C$130.00 in a research report released on Thursday morning, The Fly reports.

Several other analysts have also commented on the stock. TD Securities raised their price target on shares of Loblaw Companies from C$130.00 to C$135.00 in a research report on Thursday, November 10th. Scotiabank raised their price target on shares of Loblaw Companies from C$125.00 to C$126.50 in a research note on Thursday. Royal Bank of Canada raised their price target on shares of Loblaw Companies from C$154.00 to C$160.00 in a research note on Monday, November 7th. Finally, BMO Capital Markets raised their price target on shares of Loblaw Companies from C$118.00 to C$123.00 in a research note on Thursday, July 28th.

Loblaw Companies Trading Up 2.8 %

OTCMKTS:LBLCF opened at $82.27 on Thursday. Loblaw Companies has a 1-year low of $72.64 and a 1-year high of $95.55. The company’s fifty day moving average price is $82.15 and its 200-day moving average price is $87.37.

About Loblaw Companies

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Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.

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