North West (TSE:NWC) Price Target Raised to C$60.00 at BMO Capital Markets

North West (TSE:NWC) had its price objective hoisted by analysts at BMO Capital Markets from C$58.00 to C$60.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. BMO Capital Markets’ price objective suggests a potential upside of 14.55% from the stock’s current price.

Several other research analysts have also issued reports on the company. Cibc World Mkts raised North West to a “strong-buy” rating in a research report on Wednesday, February 19th. CIBC set a C$59.00 price target on North West and gave the company an “outperform” rating in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$54.60.

North West Trading Up 4.5 %

Shares of TSE NWC opened at C$52.38 on Thursday. The firm has a 50 day moving average price of C$47.75 and a two-hundred day moving average price of C$49.55. The stock has a market cap of C$2.52 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 1.11 and a beta of 0.64. North West has a 52-week low of C$37.15 and a 52-week high of C$55.93. The company has a debt-to-equity ratio of 59.78, a quick ratio of 0.64 and a current ratio of 2.16.

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 company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.