Loblaw Companies Ltd (LBLCF) Given Consensus Rating of “Buy” by Analysts

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Shares of Loblaw Companies Ltd (OTCMKTS:LBLCF) have received a consensus recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several brokerages have commented on LBLCF. Raymond James reissued a “buy” rating on shares of Loblaw Companies in a research report on Friday, February 22nd. Desjardins cut shares of Loblaw Companies to a “hold” rating in a research report on Friday, February 22nd.

LBLCF remained flat at $$49.69 during trading on Tuesday. Loblaw Companies has a twelve month low of $38.65 and a twelve month high of $50.66.

Loblaw Companies Company Profile

Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores comprising in-store pharmacies, other health and beauty product stores, apparel stores, and other general merchandise stores, as well as supports the PC Optimum reward program.

Further Reading: What moving averages are used to define a golden cross?

Analyst Recommendations for Loblaw Companies (OTCMKTS:LBLCF)

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