North West Company’s (NWC) “Neutral” Rating Reaffirmed at Dundee Securities
North West Company Inc (TSE:NWC)‘s stock had its “neutral” rating reaffirmed by stock analysts at Dundee Securities in a research note issued on Thursday. They currently have a C$28.00 price objective on the stock. Dundee Securities’ target price would suggest a potential upside of 3.32% from the stock’s previous close.
A number of other research analysts also recently commented on the stock. TD Securities dropped their price objective on shares of North West Company from C$33.00 to C$30.00 and set a “hold” rating for the company in a research note on Friday, September 9th. CIBC dropped their target price on shares of North West Company from C$32.00 to C$30.00 in a research report on Friday, September 9th. BMO Capital Markets dropped their target price on shares of North West Company from C$31.00 to C$28.00 and set a “market perform” rating for the company in a research report on Friday, September 9th. Barclays PLC dropped their target price on shares of North West Company from C$28.00 to C$27.00 and set an “equal weight” rating for the company in a research report on Friday, September 9th. Finally, Royal Bank Of Canada increased their target price on shares of North West Company from C$30.00 to C$31.00 in a research report on Thursday, June 9th. Five research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average price target of C$29.00.
North West Company (TSE:NWC) traded up 0.33% during mid-day trading on Thursday, reaching $27.19. 37,242 shares of the company’s stock were exchanged. The company has a market capitalization of $1.32 billion and a P/E ratio of 18.88. The company’s 50 day moving average price is $29.00 and its 200-day moving average price is $29.28. North West Company has a 52 week low of $25.81 and a 52 week high of $33.00.
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About North West Company
The North West Company Inc is a retailer of food and everyday products and services to rural communities and urban neighborhoods in Canada, Alaska, the South Pacific and the Caribbean. The Company’s segments are Canadian Operations and International Operations. Its Canadian Operations consist of approximately 120 Northern stores, over five NorthMart stores, approximately 10 Quickstop convenience stores, over 34 Giant Tiger (GT) junior discount stores, a Valu Lots discount center, a Solo Market store, a Price Chopper store, Crescent Multi Foods (CMF) and approximately two North West Company Fur Marketing outlets.
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