Scotiabank Forecasts Strong Price Appreciation for Loblaw Companies (TSE:L) Stock

Loblaw Companies (TSE:L) had its price target hoisted by analysts at Scotiabank from C$68.00 to C$70.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Scotiabank’s price objective would suggest a potential upside of 9.60% from the company’s previous close.

A number of other equities research analysts also recently issued reports on L. TD Securities upped their price objective on shares of Loblaw Companies from C$65.00 to C$75.00 and gave the stock a “buy” rating in a research report on Monday. BMO Capital Markets raised their price target on shares of Loblaw Companies from C$63.00 to C$68.00 and gave the stock a “market perform” rating in a research note on Monday. Desjardins raised their target price on Loblaw Companies from C$67.00 to C$70.00 and gave the stock a “buy” rating in a research report on Thursday. National Bank Financial increased their price target on Loblaw Companies from C$62.00 to C$66.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of Loblaw Companies from C$58.50 to C$67.00 in a report on Thursday, November 13th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$92.63.

Loblaw Companies Stock Up 0.1%

Shares of Loblaw Companies stock traded up C$0.07 on Thursday, hitting C$63.87. The company had a trading volume of 707,905 shares, compared to its average volume of 1,284,487. Loblaw Companies has a 1 year low of C$45.47 and a 1 year high of C$69.59. The company has a debt-to-equity ratio of 166.11, a quick ratio of 0.68 and a current ratio of 1.29. The stock has a 50 day moving average of C$63.75 and a 200-day moving average of C$67.00. The stock has a market capitalization of C$75.44 billion, a price-to-earnings ratio of 31.19, a P/E/G ratio of 3.23 and a beta of 0.30.

Loblaw Companies (TSE:L) last released its quarterly earnings results on Wednesday, February 25th. The company reported C$0.67 EPS for the quarter. Loblaw Companies had a return on equity of 19.90% and a net margin of 3.71%.The business had revenue of C$15.70 billion during the quarter. As a group, sell-side analysts forecast that Loblaw Companies will post 9.1225541 earnings per share for the current year.

Key Headlines Impacting Loblaw Companies

Here are the key news stories impacting Loblaw Companies this week:

• Positive Sentiment: Q4 earnings & management commentary: Loblaw reported C$0.67 EPS and strong revenue growth, with management attributing higher traffic to value‑seeking shoppers—this underpins near‑term sales outlook and margins. Loblaw Companies Ltd (LBLCF) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Profit and revenue rise: Media coverage confirms higher Q4 profit and traffic gains—supports revenue resilience in a competitive grocery environment. Loblaw 4Q Profit, Revenue Rise as Value-Seeking Shoppers Boost Traffic
• Positive Sentiment: Retail scale: Loblaw’s retail revenue surpassed C$16 billion in 2025, reinforcing its market position and potential for margin leverage. Loblaw retail revenue surpasses $16 billion in 2025
• Positive Sentiment: Growth plan: Loblaw plans ~70 new stores in 2026 emphasizing pharmacies and a hard‑discount model—accelerates footprint expansion and low‑cost banner growth. Loblaws Plans 70 New Stores in 2026 with Focus on Pharmacies and ‘Hard Discount’ Models
• Positive Sentiment: Analyst optimism: TD Securities and BMO published bullish notes forecasting price appreciation, which can support investor sentiment even if near‑term volatility persists. Loblaw Companies (TSE:L) Stock Price Expected to Rise, TD Securities Analyst Says
• Neutral Sentiment: Sustainability partnership: Loblaw partnered with Ducks Unlimited Canada on sustainable agriculture initiatives—positive ESG signal but limited immediate financial impact. Ducks Unlimited Canada and Loblaw Companies Limited partner for a sustainable future for Canadian agriculture
• Neutral Sentiment: Full call transcript available: Investors can review the detailed earnings call transcript for color on pricing, margins and guidance (useful for modeling but not new headline news). Loblaw Companies Limited (L:CA) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reputational friction: Public pushback on proposed store redesigns at Shopper’s Drug Mart/No Frills could create short‑term brand noise and delay rollouts in some markets. Canadians are roasting proposed glow-ups at Loblaw-owned stores

Loblaw Companies Company Profile

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President’s Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program.