Liquor Stores N.A. Ltd (LIQ) Rating Reiterated by Dundee Securities
Liquor Stores N.A. Ltd (TSE:LIQ)‘s stock had its “neutral” rating restated by equities research analysts at Dundee Securities in a report issued on Thursday. They currently have a C$11.00 price objective on the stock. Dundee Securities’ target price would suggest a potential upside of 2.61% from the stock’s previous close.
A number of other research firms have also recently commented on LIQ. Canaccord Genuity reaffirmed a “buy” rating and set a C$12.00 price target on shares of Liquor Stores N.A. in a research note on Thursday, September 8th. M Partners reaffirmed a “buy” rating on shares of Liquor Stores N.A. in a research note on Wednesday, August 31st. Finally, Scotiabank dropped their price target on shares of Liquor Stores N.A. from C$10.00 to C$8.50 and set a “sector perform” rating for the company in a research note on Monday, August 8th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$11.42.
Shares of Liquor Stores N.A. (TSE:LIQ) traded up 0.47% during trading on Thursday, hitting $10.77. 34,521 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $9.97 and a 200-day moving average price of $9.01. Liquor Stores N.A. has a one year low of $6.40 and a one year high of $12.70. The stock’s market cap is $297.47 million.
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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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