Weekly Research Analysts’ Ratings Changes for Loblaw Companies (L)

Several brokerages have updated their recommendations and price targets on shares of Loblaw Companies (TSE: L) in the last few weeks:

• 11/13/2025 – Loblaw Companies had its price target raised by analysts at BMO Capital Markets from C$57.50 to C$63.00.
• 11/13/2025 – Loblaw Companies had its price target raised by analysts at CIBC from C$58.50 to C$67.00.
• 11/13/2025 – Loblaw Companies had its price target raised by analysts at TD Securities from C$63.00 to C$65.00.
• 11/3/2025 – Loblaw Companies was upgraded by analysts at BMO Capital Markets to a “hold” rating.
• 10/22/2025 – Loblaw Companies had its price target raised by analysts at National Bankshares, Inc. from C$60.00 to C$61.00. They now have an “outperform” rating on the stock.

Loblaw Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, October 1st were paid a $0.5643 dividend. The ex-dividend date was Monday, September 15th. This represents a $2.26 dividend on an annualized basis and a dividend yield of 3.6%. Loblaw Companies’s dividend payout ratio is currently 26.31%.

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart.