North West (NWC) PT Lowered to C$32.00

North West (TSE:NWC) had its target price cut by stock analysts at CIBC from C$33.00 to C$32.00 in a research note issued to investors on Wednesday. CIBC’s price objective would suggest a potential upside of 1.30% from the company’s previous close.

Separately, BMO Capital Markets reaffirmed a “market perform” rating and issued a C$33.00 target price on shares of North West in a report on Wednesday. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of C$32.50.

Shares of North West (TSE NWC) opened at C$31.59 on Wednesday. North West has a 1-year low of C$26.85 and a 1-year high of C$33.74.

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North West Company Profile

The North West Company Inc is a Canada-based retailer of food and everyday products and services to rural and urban neighborhoods in Canada, Alaska, the South Pacific and the Caribbean. Its segments are Canadian Operations and International Operations. Canadian Operations consist of approximately 120 Northern stores, over five NorthMart stores, approximately 10 Quickstop convenience stores, over 34 Giant Tiger (GT) junior discount stores, a Valu Lots discount center, a Solo Market store, a Price Chopper store, Crescent Multi Foods (CMF) and approximately two North West Company Fur Marketing outlets.

Analyst Recommendations for North West (TSE:NWC)

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