Loblaw Companies Price Target Increased by Scotiabank

Loblaw Companies, a Canadian retail corporation, has had its price target raised by Scotiabank, as reported in recent market updates.

The company’s stock closed at 56.76 CAD on the last trading day. Key stock performance metrics include:

• 52-week high: 59.7 CAD
• 52-week low: 42.5625 CAD

Valuation metrics for Loblaw Companies are as follows:

• Price-to-earnings ratio: 29.049
• Price-to-book ratio: 6.337