Loblaw Companies Ltd (LBLCF) Given Consensus Rating of “Buy” by Brokerages
Loblaw Companies Ltd (OTCMKTS:LBLCF) has earned a consensus recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
A number of research firms recently commented on LBLCF. Desjardins lowered Loblaw Companies to a “hold” rating in a research report on Friday, February 22nd. Raymond James reaffirmed a “buy” rating on shares of Loblaw Companies in a report on Friday, February 22nd.
OTCMKTS LBLCF remained flat at $$49.69 during trading hours on Tuesday. Loblaw Companies has a one year low of $38.65 and a one year high of $50.66.
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.
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