Loblaw Companies (LBLCF) Given Buy Rating at Royal Bank of Canada
Loblaw Companies (OTCMKTS:LBLCF)‘s stock had its “buy” rating restated by equities research analysts at Royal Bank of Canada in a note issued to investors on Thursday.
Several other equities analysts have also issued reports on LBLCF. National Bank Financial restated a “hold” rating on shares of Loblaw Companies in a research report on Thursday. Desjardins lowered Loblaw Companies to a “buy” rating in a research report on Thursday. CIBC restated a “buy” rating on shares of Loblaw Companies in a research report on Thursday. Finally, TD Securities restated a “buy” rating on shares of Loblaw Companies in a research report on Friday, November 2nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy”.
LBLCF opened at $44.79 on Thursday. Loblaw Companies has a 1 year low of $38.50 and a 1 year high of $45.00.
Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy, health and beauty, apparel, general merchandise, credit card, insurance brokerage, gift card, and telecommunication services in Canada. It operates through three segments: Retail, Financial Services, and Choice Properties.
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