North West (TSE:NWC – Get Rating) had its target price lifted by research analysts at TD Securities from C$39.00 to C$41.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price objective indicates a potential upside of 3.85% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. BMO Capital Markets lifted their price objective on North West from C$40.00 to C$41.00 in a report on Thursday. CIBC boosted their target price on North West from C$37.00 to C$39.00 in a research note on Thursday.
North West Trading Up 5.4 %
TSE:NWC opened at C$39.48 on Thursday. North West has a fifty-two week low of C$30.55 and a fifty-two week high of C$40.08. The company has a debt-to-equity ratio of 65.42, a current ratio of 2.07 and a quick ratio of 0.64. The stock has a market capitalization of C$1.88 billion, a PE ratio of 15.60, a price-to-earnings-growth ratio of 1.11 and a beta of 0.61. The business’s 50-day simple moving average is C$36.27 and its 200-day simple moving average is C$35.78.
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 company's Canadian operations comprise 118 Northern stores, which offers food, financial services, and general merchandise; 5 NorthMart stores that provides fresh foods, apparel, and health products and services; 26 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 5 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 2 Valu Lots discount center and direct-to-customer food distribution outlet; 1 solo market, a store in remote market; 3 Pharmacy and Convenience stores; and 1 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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