National Bank lowered the firm’s price target on Loblaw (LBLCF) to C$60 from C$242 to reflect a 4-for-1 share split, and keeps an Outperform rating on the shares.
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Read More on LBLCF:
- Loblaw Completes Four-For-One Stock Split
- Loblaw price target raised to C$230 from C$220 at BMO Capital
- Loblaw price target raised to C$250 from C$245 at TD Securities
- Balanced Hold Rating for Loblaw Companies Amid Growth Potential and Market Challenges
- Loblaw Companies Reports Strong Q2 Revenue Growth