North West (NWC) Gets a Hold Rating from CIBC

A Wall Street analyst has provided a rating update for the Services sector company yesterday, while remaining neutral on the stock. North West (NWCResearch Report) received a Hold rating from CIBC’s analyst Matt Bank, with a C$30 price target.

According to TipRanks.com, Bank is ranked #4858 out of 5259 analysts.

Read also: Kraft Heinz (KHC): There Goes the Buy Rating, Merrill Lynch Downgrades the Stock

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for North West with a C$33 average price target.

North West’s market cap is currently C$1.46B and has a P/E ratio of 16.6. The company has a Price to Book ratio of 3.62.

The North West Co., Inc. engages in the retail of food and everyday products and services to rural communities and urban neighbourhoods. It operates through the Canadian and International segments. The Canadian segment includes 122 Northern, 7 NorthMart, 13 Quickstop, 31 Giant Tiger, 1 Solo Market and 1 Valu Lots.

The company’s shares closed on Friday at C$30.06.

Leave a Reply

Your email address will not be published. Required fields are marked *