Royal Bank of Canada Boosts North West (OTCMKTS:NNWWF) Price Target to $33.00

North West (OTCMKTS:NNWWF) had its target price increased by Royal Bank of Canada from $30.00 to $33.00 in a report released on Monday morning, The Fly reports. Royal Bank of Canada currently has a sector perform rating on the stock.

Separately, TD Securities raised their target price on North West from $32.00 to $36.00 and gave the stock a buy rating in a report on Monday.

North West stock opened at $23.32 on Monday. North West has a 52 week low of $11.66 and a 52 week high of $23.39. The business’s 50-day moving average price is $22.73 and its 200 day moving average price is $19.72.

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 Canada, Alaska, the South Pacific, and the Caribbean. The company's Canadian operations comprise 119 Northern stores, which offers food, financial services, and general merchandise; 6 NorthMart stores that provides fresh foods, apparel, and health products and services; 41 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 16 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 1 Solo Market store for rural market; 1 Valu Lots discount center and direct-to-customer food distribution outlet; and 1 Tim Hortons stand-alone franchise restaurant; 1 Wally's Drug Store; and 2 North West Company Fur Marketing outlets, which offers wild furs, Aboriginal handicrafts, and authentic Canadian heritage products.

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