Liquor Stores N.A. Ltd (TSE:LIQ) received a C$9.50 price target from investment analysts at CIBC in a research report issued on Monday. CIBC’s target price indicates a potential downside of 8.74% from the company’s current price.

Several other equities analysts have also commented on the stock. M Partners reaffirmed a “buy” rating on shares of Liquor Stores N.A. in a report on Wednesday, August 31st. Scotiabank reduced their target price on shares of Liquor Stores N.A. from C$10.00 to C$8.50 and set a “sector perform” rating on the stock in a report on Monday, August 8th. Canaccord Genuity reaffirmed a “buy” rating and set a C$12.00 target price on shares of Liquor Stores N.A. in a report on Thursday, September 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$11.00 target price on shares of Liquor Stores N.A. in a report on Thursday, October 20th. Finally, Dundee Securities reaffirmed a “neutral” rating and set a C$11.00 target price on shares of Liquor Stores N.A. in a report on Thursday, September 22nd. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of C$11.92.

Analyst Recommendations for Liquor Stores N.A. (TSE:LIQ)

Liquor Stores N.A. (TSE:LIQ) opened at 10.41 on Monday. The firm’s market capitalization is $287.52 million. The company has a 50 day moving average price of $10.55 and a 200-day moving average price of $9.66. Liquor Stores N.A. has a one year low of $6.40 and a one year high of $10.90.

About Liquor Stores N.A.

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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