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National Bank Sticks to Its Buy Rating for Loblaw Companies (LBLCF)

Tipranks - Tipranks - Thu Jan 29, 6:08PM CST

In a report released today, Vishal Shreedhar from National Bank maintained a Buy rating on Loblaw Companies, with a price target of C$66.00.

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According to TipRanks, Shreedhar is a 5-star analyst with an average return of 11.5% and a 66.52% success rate. Shreedhar covers the Consumer Defensive sector, focusing on stocks such as Loblaw Companies, Dollarama, and Saputo Inc..

In a report released on January 22, RBC Capital also maintained a Buy rating on the stock with a C$72.00 price target.

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LBLCF market cap is currently C$73.75B and has a P/E ratio of 30.15.

Based on the recent corporate insider activity of 120 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LBLCF in relation to earlier this year.

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