Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Desjardins Keeps Their Buy Rating on Loblaw Companies (LBLCF)

Tipranks - Fri Feb 27, 3:17AM CST

Desjardins analyst Chris Li CFA maintained a Buy rating on Loblaw Companies today and set a price target of C$70.00.

Claim 50% Off TipRanks Premium

According to TipRanks, Li CFA is a 5-star analyst with an average return of 14.2% and a 68.26% success rate. Li CFA covers the Consumer Defensive sector, focusing on stocks such as Loblaw Companies, Saputo Inc., and Premium Brands.

In addition to Desjardins, Loblaw Companies also received a Buy from CIBC’s Mark Petrie in a report issued on February 20. However, on the same day, BMO Capital maintained a Hold rating on Loblaw Companies (Other OTC: LBLCF).

LBLCF market cap is currently C$79.13B and has a P/E ratio of 32.61.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.