Scotiabank Reiterates Sector Perform Rating for Liquor Stores N.A. Ltd (LIQ)
Liquor Stores N.A. Ltd (TSE:LIQ)‘s stock had its “sector perform” rating reissued by equities research analysts at Scotiabank in a report issued on Friday. They currently have a C$10.00 price target on the stock. Scotiabank’s price target points to a potential downside of 5.48% from the stock’s current price.
A number of other research firms have also recently weighed in on LIQ. M Partners reaffirmed a “buy” rating on shares of Liquor Stores N.A. in a report on Wednesday, August 31st. Dundee Securities reissued a “neutral” rating and set a C$11.00 target price on shares of Liquor Stores N.A. in a research note on Thursday, September 22nd. Finally, Canaccord Genuity reissued a “buy” rating and set a C$12.00 target price on shares of Liquor Stores N.A. in a research note on Thursday, September 8th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of C$11.67.
Shares of Liquor Stores N.A. (TSE:LIQ) opened at 10.58 on Friday. The firm’s market capitalization is $292.22 million. Liquor Stores N.A. has a 52 week low of $6.40 and a 52 week high of $12.70. The company’s 50-day moving average is $10.22 and its 200 day moving average is $9.17.
Liquor Stores N.A. Company Profile
Liquor Stores N.A. Ltd. is a Canada-based operator of retail liquor stores. The Company operates over 180 stores in Alberta, over 30 stores in British Columbia, over 20 stores in Alaska and over 10 stores in Kentucky. The Company’s Liquor Stores primarily operate under the brand names Liquor Depot, Liquor Barn, and Wine and Beyond in Alberta; Liquor Depot, Liquor Barn and Wine Cellar in British Columbia; Brown Jug in Alaska, and Liquor Barn, The Ultimate Party Source and Liquor Barn Express in Kentucky.
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