Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report) shares were up 0.2% during mid-day trading on Monday . The stock traded as high as $86.26 and last traded at $86.16. Approximately 616 shares traded hands during trading, a decline of 32% from the average daily volume of 906 shares. The stock had previously closed at $85.97.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on LBLCF shares. Royal Bank of Canada upped their price target on Loblaw Companies from C$168.00 to C$169.00 in a research note on Thursday, July 27th. National Bank Financial increased their target price on Loblaw Companies from C$140.00 to C$142.00 in a research note on Thursday, July 27th. Finally, CIBC increased their target price on Loblaw Companies from C$149.00 to C$152.00 in a research note on Thursday, July 27th.
Read Our Latest Stock Analysis on Loblaw Companies
Loblaw Companies Stock Performance
Loblaw Companies Company Profile
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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