North West (TSE:NWC – Get Free Report) had its price objective lifted by equities researchers at TD Securities from C$44.00 to C$45.00 in a research report issued on Thursday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 15.36% from the company’s previous close.
Separately, Royal Bank of Canada upped their price objective on North West from C$38.00 to C$40.00 in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, North West currently has an average rating of “Hold” and an average price target of C$41.20.
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North West Trading Up 1.2 %
Insiders Place Their Bets
In other North West news, Senior Officer Leanne Flewitt sold 995 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of C$39.08, for a total transaction of C$38,884.60. 0.15% of the stock is owned by insiders.
North West Company Profile
The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.
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