Loblaw Companies Ltd (LBLCF) Receives Average Recommendation of “Buy” from Brokerages

Shares of Loblaw Companies Ltd (OTCMKTS:LBLCF) have earned a consensus rating of “Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several research firms recently weighed in on LBLCF. Raymond James restated a “buy” rating on shares of Loblaw Companies in a research report on Friday, February 22nd. Desjardins lowered Loblaw Companies to a “hold” rating in a research report on Friday, February 22nd.

Shares of LBLCF stock opened at $49.75 on Tuesday. Loblaw Companies has a fifty-two week low of $38.65 and a fifty-two week 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.

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Analyst Recommendations for Loblaw Companies (OTCMKTS:LBLCF)

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