North West (TSE:NWC) Price Target Raised to C$43.00

North West (TSE:NWC) had its price target hoisted by equities researchers at Jefferies Financial Group from C$41.00 to C$43.00 in a report released on Friday, BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 10.40% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. TD Securities upped their price objective on shares of North West from C$44.00 to C$45.00 and gave the company a “buy” rating in a report on Thursday. Royal Bank of Canada increased their target price on shares of North West from C$38.00 to C$40.00 in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, North West presently has a consensus rating of “Hold” and a consensus price target of C$41.20.

North West Trading Up 1.0 %

Shares of NWC traded up C$0.39 during mid-day trading on Friday, reaching C$38.95. The stock had a trading volume of 24,446 shares, compared to its average volume of 60,496. The company has a debt-to-equity ratio of 63.79, a current ratio of 2.14 and a quick ratio of 0.64. North West has a 52-week low of C$29.58 and a 52-week high of C$41.12. The business’s fifty day moving average is C$39.41 and its 200 day moving average is C$37.99. The firm has a market cap of C$1.86 billion, a price-to-earnings ratio of 14.70, a P/E/G ratio of 1.11 and a beta of 0.63.

Insider Activity at North West

In related news, Senior Officer Leanne Flewitt sold 995 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total value of C$38,884.60. 0.15% of the stock is owned by corporate insiders.

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 Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.