North West (TSE:NWC) PT Raised to C$43.00 at Jefferies Financial Group

North West (TSE:NWC) had its price target boosted by equities research analysts at Jefferies Financial Group from C$41.00 to C$43.00 in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective points to a potential upside of 10.23% from the company’s previous close.

Several other equities research analysts have also issued reports on the stock. TD Securities raised their target price on shares of North West from C$44.00 to C$45.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank of Canada raised their target price on shares of North West from C$38.00 to C$40.00 in a report on Thursday. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, North West currently has a consensus rating of “Hold” and a consensus price target of C$41.20.

North West Price Performance

NWC stock opened at C$39.01 on Friday. North West has a 52 week low of C$29.58 and a 52 week high of C$41.12. The company has a quick ratio of 0.64, a current ratio of 2.14 and a debt-to-equity ratio of 63.79. The company has a fifty day simple moving average of C$39.39 and a two-hundred day simple moving average of C$38.02. The firm has a market capitalization of C$1.86 billion, a P/E ratio of 14.72, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63.

Insider Buying and Selling

In related news, Senior Officer Leanne Flewitt sold 995 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total value of C$38,884.60. 0.15% of the stock is currently owned by insiders.

About North West

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.