Loblaw Companies Limited (TSE:L) is scheduled to announce its earnings results on Wednesday, November 16th. Analysts expect the company to announce earnings of $0.83 per share for the quarter.

Shares of Loblaw Companies Limited (TSE:L) opened at 63.49 on Monday. Loblaw Companies Limited has a one year low of $61.25 and a one year high of $74.59. The firm has a market capitalization of $25.67 billion and a price-to-earnings ratio of 40.47. The stock’s 50 day moving average price is $66.33 and its 200 day moving average price is $69.51.

Several brokerages have issued reports on L. Desjardins increased their price target on Loblaw Companies Limited from C$77.00 to C$80.00 in a report on Thursday, July 28th. National Bank Financial increased their price target on Loblaw Companies Limited from C$74.00 to C$77.00 in a report on Thursday, July 28th. Raymond James Financial Inc. increased their price target on Loblaw Companies Limited from C$78.00 to C$80.00 in a report on Thursday, July 28th. CIBC increased their price target on Loblaw Companies Limited from C$80.00 to C$81.00 in a report on Thursday, July 28th. Finally, Royal Bank Of Canada increased their price target on Loblaw Companies Limited from C$78.00 to C$80.00 in a report on Thursday, July 28th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$78.50.

Loblaw Companies Limited Company Profile

Loblaw Companies Limited (Loblaw) is a Canada-based holding company. The Company, through its subsidiaries, provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial products and services. The Company operates through three segments: Retail, Financial Services and Choice Properties.

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