Loblaw Companies (TSE:L) Price Target Raised to C$68.00

Loblaw Companies (TSE:L) had its target price lifted by BMO Capital Markets from C$63.00 to C$68.00 in a report released on Monday morning,BayStreet.CA reports. They currently have a market perform rating on the stock.

A number of other research firms also recently weighed in on L. National Bank Financial boosted their target price on Loblaw Companies from C$62.00 to C$66.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. TD Securities lifted their price objective on Loblaw Companies from C$63.00 to C$65.00 in a research report on Thursday, November 13th. Royal Bank Of Canada upped their target price on shares of Loblaw Companies from C$68.00 to C$72.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Canadian Imperial Bank of Commerce lifted their price target on shares of Loblaw Companies from C$58.50 to C$67.00 in a research report on Thursday, November 13th. Finally, Desjardins raised shares of Loblaw Companies from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$62.00 to C$67.00 in a research note on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$91.63.

Loblaw Companies Trading Down 5.5%

Shares of TSE L opened at C$63.80 on Monday. Loblaw Companies has a 1-year low of C$45.47 and a 1-year high of C$69.59. The company has a 50-day moving average of C$63.75 and a two-hundred day moving average of C$67.00. The company has a market cap of C$75.36 billion, a PE ratio of 31.16, a P/E/G ratio of 3.23 and a beta of 0.30. The company has a current ratio of 1.29, a quick ratio of 0.68 and a debt-to-equity ratio of 166.11.

Loblaw Companies (TSE:L) last issued its quarterly earnings results on Wednesday, February 25th. The company reported C$0.67 earnings per share for the quarter. Loblaw Companies had a net margin of 3.71% and a return on equity of 19.90%. The business had revenue of C$15.70 billion during the quarter. As a group, equities analysts expect that Loblaw Companies will post 9.1225541 earnings per share for the current fiscal year.

Loblaw Companies Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1411 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, December 15th. Loblaw Companies’s dividend payout ratio (DPR) is 26.31%.

Key Loblaw Companies News

Here are the key news stories impacting Loblaw Companies this week:

• Positive Sentiment: Q4 results showed rising revenue and traffic as value‑seeking shoppers boosted sales; Loblaw reported C$0.67 EPS on C$15.7B in revenue, which underpins near‑term operating strength. Loblaw 4Q Profit, Revenue Rise as Value‑Seeking Shoppers Boost Traffic
• Positive Sentiment: Company momentum: retail revenue topped C$16B for 2025, signaling scale and sales resilience across formats. Loblaw retail revenue surpasses $16 billion in 2025
• Positive Sentiment: Analyst optimism: TD Securities and BMO published bullish notes expecting further upside, and an analyst upgrade recently helped lift the stock to a 52‑week high — supportive for investor sentiment. Loblaw Companies (TSE:L) Stock Price Expected to Rise, TD Securities Analyst Says
• Positive Sentiment: Expansion strategy: Loblaw plans to open ~70 new stores in 2026 with a focus on pharmacies and a hard‑discount model — a growth initiative aimed at capturing cost‑conscious shoppers. Loblaws Plans 70 New Stores in 2026
• Neutral Sentiment: Large capex and hiring: Loblaw announced a multi‑billion dollar investment program for 2026 and plans to create thousands of jobs; positive for long‑term growth but could increase near‑term cash outflows. Canada’s Loblaw to invest $1.75 billion in 2026, create 9,700 new jobs
• Neutral Sentiment: ESG tie‑up: partnership with Ducks Unlimited Canada on sustainable agriculture supports supply‑chain resilience and ESG positioning but has limited immediate financial impact. Ducks Unlimited Canada and Loblaw Companies Limited partner for a sustainable future for Canadian agriculture
• Negative Sentiment: Consumer reaction risk: a proposed redesign of Loblaw banners drew social‑media criticism, which could create short‑term brand noise. Canadians are roasting proposed glow‑ups at Loblaw‑owned stores
• Negative Sentiment: Why shares fell: despite the positives above, investors appear to be trimming risk after a recent run to new highs and weighing higher planned spending and Loblaw’s leverage profile — factors that can pressure near‑term returns.

About Loblaw Companies

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President’s Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program.