North West (TSE:NWC) had its target price increased by TD Securities from C$34.00 to C$36.00 in a research note issued on Tuesday, January 15th. The brokerage currently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 12.32% from the company’s previous close.
Other equities research analysts have also recently issued reports about the company. Royal Bank of Canada increased their price objective on North West from C$31.00 to C$32.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 12th. Barclays raised North West from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from C$31.00 to C$34.00 in a research report on Wednesday, December 12th.
NWC traded down C$0.12 during trading on Tuesday, reaching C$32.05. The stock had a trading volume of 91,200 shares, compared to its average volume of 157,582. North West has a one year low of C$26.50 and a one year high of C$32.30. The company has a current ratio of 2.34, a quick ratio of 0.85 and a debt-to-equity ratio of 94.39. The company has a market cap of $1.56 billion and a price-to-earnings ratio of 17.72.
North West (TSE:NWC) last issued its quarterly earnings results on Tuesday, December 11th. The company reported C$0.78 earnings per share for the quarter. The company had revenue of C$511.50 million for the quarter. On average, analysts predict that North West will post 1.96000027538705 EPS for the current year.
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 Canada, Alaska, the South Pacific, and the Caribbean. The company's Canadian operations comprise 119 Northern stores, which offers food, financial services, and general merchandise; 6 NorthMart stores that provides fresh foods, apparel, and health products and services; 41 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 16 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 1 Solo Market store for rural market; 1 Valu Lots discount center and direct-to-customer food distribution outlet; and 1 Tim Hortons stand-alone franchise restaurant; 1 Wally's Drug Store; and 2 North West Company Fur Marketing outlets, which offers wild furs, Aboriginal handicrafts, and authentic Canadian heritage products.
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