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Loblaw Companies - L Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$162.43
  • Forecasted Upside: 3.14%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$157.48 As of 05/17/2024 01:00 AM ET
▲ +0.41 (0.26%)

This chart shows the closing price for L by one month, three months, or twelve months.

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Analyst Price Target for L

Analyst Price Target is C$162.43
▲ +3.14% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Loblaw Companies in the last 3 months. The average price target is C$162.43, with a high forecast of C$172.00 and a low forecast of C$145.00. The average price target represents a 3.14% upside from the last price of C$157.48.

This chart shows the closing price for L for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in Loblaw Companies. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/24/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/23/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/21/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/19/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/17/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/3/2024TD SecuritiesBoost TargetBuyC$168.00 ➝ C$172.00
5/2/2024ScotiabankBoost TargetSector PerformC$148.27 ➝ C$161.00
5/2/2024CIBCBoost TargetOutperformC$159.00 ➝ C$171.00
5/2/2024National BanksharesBoost TargetOutperformC$156.00 ➝ C$159.00
4/29/2024DesjardinsBoost TargetHoldC$148.00 ➝ C$157.00
4/22/2024ScotiabankBoost TargetSector PerformC$146.00 ➝ C$148.27
4/15/2024National BanksharesBoost TargetOutperformC$153.00 ➝ C$156.00
2/23/2024DesjardinsBoost TargetBuyC$133.00 ➝ C$148.00
2/23/2024TD SecuritiesBoost TargetBuyC$150.00 ➝ C$160.00
2/23/2024National BanksharesBoost TargetOutperformC$149.00 ➝ C$153.00
2/23/2024ScotiabankBoost TargetSector PerformC$137.00 ➝ C$146.00
2/23/2024CIBCLower TargetOutperformC$150.00 ➝ C$149.00
2/23/2024BMO Capital MarketsBoost TargetC$130.00 ➝ C$145.00
1/24/2024Royal Bank of CanadaBoost TargetOutperformC$170.00 ➝ C$172.00
1/23/2024ScotiabankBoost TargetSector PerformC$127.00 ➝ C$137.00
1/23/2024National BanksharesBoost TargetOutperformC$142.00 ➝ C$149.00
1/11/2024TD SecuritiesBoost TargetBuyC$140.00 ➝ C$150.00
11/16/2023CIBCLower TargetOutperformC$152.00 ➝ C$150.00
11/16/2023Royal Bank of CanadaLower TargetOutperformC$174.00 ➝ C$170.00
11/6/2023Royal Bank of CanadaBoost TargetC$169.00 ➝ C$174.00
7/27/2023DesjardinsSet TargetHoldC$133.00
7/27/2023CIBCBoost TargetC$149.00 ➝ C$152.00
7/27/2023National BanksharesBoost TargetC$140.00 ➝ C$142.00
7/27/2023Royal Bank of CanadaBoost TargetOutperformC$168.00 ➝ C$169.00
4/24/2023ScotiabankBoost TargetC$126.50 ➝ C$128.50
4/10/2023National BanksharesBoost TargetOutperformC$137.00 ➝ C$140.00
2/24/2023TD SecuritiesBoost TargetBuyC$135.00 ➝ C$140.00
2/24/2023Royal Bank of CanadaBoost TargetOutperformC$165.00 ➝ C$168.00
2/24/2023BMO Capital MarketsBoost TargetC$123.00 ➝ C$130.00
2/24/2023CIBCBoost TargetOutperformC$145.00 ➝ C$149.00
2/16/2023National BanksharesBoost TargetOutperformC$130.00 ➝ C$134.00
1/27/2023Royal Bank of CanadaBoost TargetC$160.00 ➝ C$165.00
11/17/2022National BanksharesBoost TargetOutperformC$126.00 ➝ C$130.00
11/17/2022CIBCBoost TargetOutperformC$136.00 ➝ C$145.00
11/17/2022ScotiabankBoost TargetC$125.00 ➝ C$126.50
11/17/2022ATB CapitalBoost TargetC$135.00 ➝ C$140.00
11/10/2022TD SecuritiesBoost TargetBuyC$130.00 ➝ C$135.00
11/9/2022ATB CapitalBoost TargetC$130.00 ➝ C$135.00
11/7/2022Royal Bank of CanadaBoost TargetOutperformC$154.00 ➝ C$160.00
10/20/2022National BanksharesLower TargetOutperformC$127.00 ➝ C$126.00
10/3/2022ScotiabankSet TargetSector PerformC$125.00
7/28/2022Royal Bank of CanadaBoost TargetOutperformC$133.00 ➝ C$154.00
7/28/2022TD SecuritiesBoost TargetBuyC$125.00 ➝ C$130.00
7/28/2022National BanksharesBoost TargetOutperformC$125.00 ➝ C$127.00
7/28/2022BMO Capital MarketsBoost TargetC$118.00 ➝ C$123.00
7/28/2022CIBCBoost TargetC$129.00 ➝ C$136.00
7/28/2022DesjardinsBoost TargetC$116.00 ➝ C$124.00
7/28/2022ScotiabankBoost TargetC$116.00 ➝ C$118.00
7/6/2022National BanksharesBoost TargetOutperformC$122.00 ➝ C$125.00
5/5/2022National BanksharesBoost TargetOutperformC$120.00 ➝ C$122.00
5/5/2022DesjardinsBoost TargetC$110.00 ➝ C$116.00
4/28/2022Royal Bank of CanadaBoost TargetOutperformC$120.00 ➝ C$133.00
4/27/2022National BanksharesBoost TargetOutperformC$119.00 ➝ C$120.00
3/15/2022National BanksharesBoost TargetOutperformC$111.00 ➝ C$119.00
3/15/2022TD SecuritiesBoost TargetBuyC$115.00 ➝ C$125.00
3/15/2022ScotiabankBoost TargetC$112.00 ➝ C$116.00
2/25/2022CIBCBoost TargetOutperformC$116.00 ➝ C$120.00
2/25/2022DesjardinsBoost TargetC$105.00 ➝ C$110.00
2/25/2022Royal Bank of CanadaBoost TargetOutperformC$118.00 ➝ C$120.00
2/25/2022National BanksharesBoost TargetOutperformC$107.00 ➝ C$111.00
2/25/2022ATB CapitalBoost TargetOutperformC$105.00 ➝ C$115.00
1/21/2022CIBCBoost TargetC$108.00 ➝ C$116.00
1/6/2022TD SecuritiesBoost TargetBuy ➝ BuyC$110.00 ➝ C$115.00
11/18/2021National BanksharesBoost TargetOutperformC$92.00 ➝ C$107.00
11/18/2021ScotiabankBoost TargetC$86.00 ➝ C$104.00
11/18/2021ATB CapitalBoost TargetC$103.00 ➝ C$105.00
11/18/2021BMO Capital MarketsBoost TargetC$85.00 ➝ C$100.00
11/18/2021CfraDowngradeHold ➝ SellC$85.00 ➝ C$87.00
11/18/2021CIBCBoost TargetOutperformC$106.00 ➝ C$108.00
11/18/2021DesjardinsBoost TargetC$88.00 ➝ C$105.00
11/18/2021Royal Bank of CanadaBoost TargetOutperformC$112.00 ➝ C$118.00
11/17/2021DesjardinsReiterated RatingHold
11/15/2021TD SecuritiesBoost TargetBuyC$98.00 ➝ C$110.00
11/12/2021Royal Bank of CanadaBoost TargetOutperformC$104.00 ➝ C$112.00
11/12/2021ATB CapitalBoost TargetOutperformC$92.00 ➝ C$103.00
11/9/2021CIBCBoost TargetOutperformC$96.00 ➝ C$106.00
10/20/2021National BanksharesBoost TargetOutperformC$91.00 ➝ C$92.00
9/29/2021TD SecuritiesBoost TargetBuyC$95.00 ➝ C$98.00
7/30/2021National Bank FinancialBoost TargetOutperformC$84.00 ➝ C$91.00
7/30/2021ATB CapitalBoost TargetC$85.00 ➝ C$92.00
7/30/2021BMO Capital MarketsBoost TargetC$71.00 ➝ C$85.00
7/30/2021CIBCBoost TargetC$87.00 ➝ C$96.00
7/30/2021ScotiabankBoost TargetC$73.00 ➝ C$86.00
7/30/2021TD SecuritiesBoost TargetBuyC$80.00 ➝ C$95.00
7/30/2021National BanksharesBoost TargetOutperformC$84.00 ➝ C$91.00
7/28/2021ATB CapitalReiterated RatingOutperformC$85.00
7/27/2021DesjardinsBoost TargetBuyC$77.00 ➝ C$85.00
7/26/2021Royal Bank of CanadaBoost TargetOutperformC$96.00 ➝ C$103.00
7/19/2021National BanksharesBoost TargetC$77.00 ➝ C$84.00
7/19/2021National Bank FinancialBoost TargetNAC$84.00
6/30/2021Royal Bank of CanadaReiterated RatingOutperformC$96.00
5/6/2021National Bank FinancialBoost TargetOutperformC$77.00
5/6/2021CIBCBoost TargetC$78.00 ➝ C$87.00
5/6/2021ScotiabankBoost TargetC$72.00 ➝ C$73.00
5/6/2021National BanksharesBoost TargetOutperformC$76.00 ➝ C$77.00
5/6/2021TD SecuritiesUpgradeHold ➝ BuyC$76.00 ➝ C$80.00
5/6/2021Royal Bank of CanadaBoost TargetOutperformC$94.00 ➝ C$96.00
5/5/2021CIBCReiterated RatingOutperformC$78.00
4/30/2021TD SecuritiesBoost TargetHoldC$70.00 ➝ C$76.00
4/26/2021National Bank FinancialBoost TargetOutperformC$76.00
4/26/2021National BanksharesBoost TargetOutperformC$75.00 ➝ C$76.00
4/16/2021Royal Bank of CanadaBoost TargetOutperformC$91.00 ➝ C$94.00
3/24/2021National BanksharesUpgradeSector Perform ➝ OutperformC$75.00
3/23/2021National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
3/1/2021National Bank FinancialLower TargetSector PerformC$76.00 ➝ C$75.00
2/26/2021ScotiabankLower TargetC$76.00 ➝ C$72.00
2/26/2021Royal Bank of CanadaLower TargetOutperformC$95.00 ➝ C$91.00
2/26/2021CIBCLower TargetNAC$82.00 ➝ C$72.00
2/4/2021National Bank FinancialLower TargetSector PerformC$82.00 ➝ C$76.00
1/25/2021Royal Bank of CanadaLower TargetOutperformC$106.00 ➝ C$95.00
1/8/2021TD SecuritiesLower TargetHoldC$78.00 ➝ C$70.00
12/16/2020ATB CapitalReiterated RatingOutperformC$83.00
12/15/2020Atb Cap MarketsReiterated RatingOutperform
11/13/2020CIBCLower TargetC$85.00 ➝ C$82.00
10/5/2020TD SecuritiesLower TargetHoldC$79.00 ➝ C$78.00
7/29/2020Royal Bank of CanadaBoost TargetOutperformC$90.00 ➝ C$105.00
7/24/2020TD SecuritiesBoost TargetHoldC$78.00 ➝ C$79.00
7/24/2020National Bank FinancialBoost TargetSector PerformC$80.00 ➝ C$82.00
7/24/2020CIBCBoost TargetC$83.00 ➝ C$85.00
7/20/2020Royal Bank of CanadaBoost TargetOutperformC$87.00 ➝ C$90.00
4/30/2020CIBCLower TargetC$88.00 ➝ C$83.00
4/30/2020TD SecuritiesLower TargetHoldC$80.00 ➝ C$78.00
4/30/2020Royal Bank of CanadaBoost TargetOutperformC$86.00 ➝ C$87.00
4/20/2020National Bank FinancialBoost TargetSector PerformC$74.00 ➝ C$80.00
4/13/2020TD SecuritiesDowngradeBuy ➝ HoldC$80.00
4/13/2020CIBCBoost TargetC$82.00 ➝ C$88.00
3/26/2020Royal Bank of CanadaBoost TargetOutperformC$85.00 ➝ C$86.00
2/21/2020CIBCBoost TargetC$80.00 ➝ C$82.00
2/21/2020National Bank FinancialBoost TargetSector PerformC$72.00 ➝ C$74.00
2/11/2020National Bank FinancialReiterated RatingSector Perform Market Weight
1/14/2020TD SecuritiesLower TargetBuyC$82.00 ➝ C$80.00
11/28/2019DesjardinsReiterated RatingHold
11/14/2019TD SecuritiesBoost TargetBuyC$80.00 ➝ C$82.00
11/14/2019National Bank FinancialBoost TargetSector PerformC$71.00 ➝ C$72.00
11/14/2019Royal Bank of CanadaBoost TargetOutperformC$82.00 ➝ C$85.00
8/16/2019TD SecuritiesBoost TargetBuyC$75.00 ➝ C$80.00
7/25/2019CIBCBoost TargetC$76.00 ➝ C$77.00
7/25/2019BMO Capital MarketsLower TargetC$83.00 ➝ C$75.00
7/25/2019DesjardinsBoost TargetBuyC$70.00 ➝ C$73.00
(Data available from 5/18/2019 forward)

News Sentiment Rating

0.36 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 2 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 6 very positive mentions
  • 12 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
3/19/2024
  • 3 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024
  • 7 very positive mentions
  • 24 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
5/18/2024

Current Sentiment

  • 7 very positive mentions
  • 24 positive mentions
  • 6 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Loblaw Companies logo
Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services 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. This segment also includes in-store pharmacies, health care services, other health and beauty product stores, apparel stores, and other general merchandise stores. The Financial Services segment provides credit card and banking services, the PC Optimum loyalty program, insurance brokerage services, and telecommunication services. The company offers PC Health app. It provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.
Read More

Today's Range

Now: C$157.48
Low: C$156.03
High: C$157.91

50 Day Range

MA: C$151.53
Low: C$146.59
High: C$157.48

52 Week Range

Now: C$157.48
Low: C$110.52
High: C$157.93

Volume

252,938 shs

Average Volume

360,480 shs

Market Capitalization

C$48.41 billion

P/E Ratio

23.50

Dividend Yield

1.33%

Beta

0.12

Frequently Asked Questions

What sell-side analysts currently cover shares of Loblaw Companies?

The following equities research analysts have issued reports on Loblaw Companies in the last twelve months: BMO Capital Markets, CIBC, Desjardins, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for L.

What is the current price target for Loblaw Companies?

7 Wall Street analysts have set twelve-month price targets for Loblaw Companies in the last year. Their average twelve-month price target is C$162.43, suggesting a possible upside of 3.1%. Royal Bank of Canada has the highest price target set, predicting L will reach C$172.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$145.00 for Loblaw Companies in the next year.
View the latest price targets for L.

What is the current consensus analyst rating for Loblaw Companies?

Loblaw Companies currently has 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for L.

What other companies compete with Loblaw Companies?

Other companies that are similar to Loblaw Companies include Alimentation Couche-Tard, Alimentation Couche-Tard, George Weston, Metro and Dollarama. Learn More about companies similar to Loblaw Companies.

How do I contact Loblaw Companies' investor relations team?

Loblaw Companies' physical mailing address is 1 Presidents Choice Cir, BRAMPTON, ON L6Y 5S5, Canada. The company's listed phone number is +1-905-4592500. The official website for Loblaw Companies is www.loblaw.ca. Learn More about contacing Loblaw Companies investor relations.