Loblaw Companies Ltd (L) Set to Announce Quarterly Earnings on Wednesday

Loblaw Companies Ltd (TSE:L) will be announcing its earnings results before the market opens on Wednesday, November 15th. Analysts expect the company to announce earnings of C$1.33 per share for the quarter.

Shares of Loblaw Companies Ltd (TSE L) opened at C$68.77 on Tuesday. Loblaw Companies Ltd has a twelve month low of C$62.33 and a twelve month high of C$78.87.

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Several equities analysts recently commented on L shares. Eight Capital dropped their price objective on shares of Loblaw Companies from C$82.00 to C$78.00 in a research note on Friday, July 21st. TD Securities dropped their price objective on shares of Loblaw Companies from C$88.00 to C$85.00 and set a “buy” rating for the company in a research note on Tuesday, July 18th. Raymond James Financial, Inc. dropped their price objective on shares of Loblaw Companies from C$81.00 to C$80.00 and set an “outperform” rating for the company in a research note on Thursday, July 27th. National Bank Financial dropped their price objective on shares of Loblaw Companies from C$81.00 to C$78.00 and set an “outperform” rating for the company in a research note on Thursday, July 27th. Finally, BMO Capital Markets dropped their price objective on shares of Loblaw Companies from C$85.00 to C$82.00 and set an “outperform” rating for the company in a research note on Thursday, July 27th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Loblaw Companies currently has a consensus rating of “Buy” and an average target price of C$81.50.

About Loblaw Companies

Loblaw Companies Limited is a Canada-based holding company. The Company operates through three segments: Retail, Financial Services and Choice Properties. The Company’s Retail segment consists of corporate and franchise-owned retail food and Associate-owned drug stores, and includes in-store pharmacies and other health and beauty products, gas bars, apparel and other general merchandise.

Earnings History for Loblaw Companies (TSE:L)

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