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Loblaw Companies Limited (TSE:L) Announces Dividend Increase – $0.51 Per Share

Loblaw Companies Limited (TSE:L – Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Saturday, June 15th will be given a dividend of 0.513 per share on Monday, July 1st. This represents a $2.05 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, […]

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CIBC Lowers Loblaw Companies (TSE:L) Price Target to C$149.00

Loblaw Companies (TSE:L – Free Report) had its price objective lowered by CIBC from C$150.00 to C$149.00 in a research note released on Friday, BayStreet.CA reports. CIBC currently has an outperform rating on the stock. A number of other analysts have also issued reports on the company. TD Securities increased their target price on Loblaw […]

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Loblaw Companies Limited (TSE:L) to Post FY2023 Earnings of $7.67 Per Share, Desjardins Forecasts

Loblaw Companies Limited (TSE:L – Free Report) – Investment analysts at Desjardins reduced their FY2023 earnings per share estimates for Loblaw Companies in a report released on Tuesday, February 20th. Desjardins analyst C. Li now anticipates that the company will earn $7.67 per share for the year, down from their prior estimate of $7.68. The […]

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Loblaw Companies (TSE:L) Stock Price Crosses Above Two Hundred Day Moving Average of $121.19

Loblaw Companies Limited (TSE:L – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$121.19 and traded as high as C$135.22. Loblaw Companies shares last traded at C$133.80, with a volume of 177,113 shares changing hands. Analysts Set New Price Targets A […]

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Royal Bank of Canada Boosts Loblaw Companies (TSE:L) Price Target to C$172.00

Loblaw Companies (TSE:L – Free Report) had its price target upped by Royal Bank of Canada from C$170.00 to C$172.00 in a report published on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock. Other equities research analysts have also issued research reports about the stock. Scotiabank upped their target price […]

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