Loblaw Companies (TSE:L) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Brian Himes on May 5th, 2026

Shares of Loblaw Companies Limited (TSE:L – Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$62.13 and traded as high as C$62.74. Loblaw Companies shares last traded at C$61.98, with a volume of 985,275 shares changing hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on L. Desjardins raised their target price on shares of Loblaw Companies from C$67.00 to C$70.00 and gave the company a “buy” rating in a report on Thursday, February 26th. BMO Capital Markets boosted 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 report on Monday, February 23rd. National Bank Financial increased their price objective on shares of Loblaw Companies from C$62.00 to C$66.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Royal Bank Of Canada raised their price objective on shares of Loblaw Companies from C$68.00 to C$72.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Finally, Scotiabank cut shares of Loblaw Companies from an “outperform” rating to a “hold” rating and set a C$70.00 price objective for the company. in a research report on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Loblaw Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of C$69.71.

Get Our Latest Stock Analysis on L

Loblaw Companies Trading Down 1.2%

The company has a current ratio of 1.08, a quick ratio of 0.68 and a debt-to-equity ratio of 227.92. The firm has a market cap of C$72.64 billion, a PE ratio of 27.92, a P/E/G ratio of 3.23 and a beta of 0.30. The business has a fifty day moving average price of C$63.20 and a 200 day moving average price of C$62.13.

Loblaw Companies (TSE:L – Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported C$0.67 earnings per share for the quarter. The firm had revenue of C$15.70 billion during the quarter. Loblaw Companies had a return on equity of 24.03% and a net margin of 4.17%. Analysts forecast that Loblaw Companies Limited will post 9.1225541 EPS for the current year.

Loblaw Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, April 1st were given a dividend of $0.1411 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Friday, March 13th. Loblaw Companies’s payout ratio is currently 24.84%.

Loblaw Companies Company Profile

(Get Free Report)

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.