North West (TSE:NWC – Get Free Report) had its price objective raised by analysts at TD Securities from C$52.00 to C$59.00 in a note issued to investors on Friday, BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 16.99% from the company’s current price.
Several other research firms also recently commented on NWC. BMO Capital Markets upped their price objective on shares of North West from C$41.00 to C$44.00 in a report on Thursday, June 6th. CIBC upped their price objective on shares of North West from C$43.00 to C$44.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$49.80.
Check Out Our Latest Analysis on North West
North West Stock Performance
North West (TSE:NWC – Get Free Report) last released its quarterly earnings data on Wednesday, September 4th. The company reported C$0.73 EPS for the quarter, beating the consensus estimate of C$0.71 by C$0.02. The business had revenue of C$646.49 million for the quarter. North West had a net margin of 5.37% and a return on equity of 20.19%. As a group, research analysts forecast that North West will post 3.3071325 earnings per share for the current year.
Insiders Place Their Bets
In other North West news, Senior Officer John King sold 5,230 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of C$42.70, for a total transaction of C$223,321.00. In other news, Senior Officer John King sold 5,230 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of C$42.70, for a total transaction of C$223,321.00. Also, Senior Officer Walter Pickett sold 767 shares of the company’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of C$42.64, for a total transaction of C$32,704.88. Over the last ninety days, insiders sold 11,662 shares of company stock worth $497,015. Company insiders own 0.12% of the company’s stock.
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 company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.
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