North West (NWC) Price Target Cut to C$31.00 by Analysts at CIBC

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North West (TSE:NWC) had its price objective lowered by CIBC from C$32.00 to C$31.00 in a report issued on Friday.

Separately, Royal Bank of Canada raised their target price on shares of North West from C$30.00 to C$31.00 and gave the stock a sector perform rating in a research report on Thursday, June 14th.

Shares of NWC opened at C$29.47 on Friday. North West has a twelve month low of C$26.50 and a twelve month high of C$32.90.

North West (TSE:NWC) last announced its quarterly earnings results on Thursday, September 6th. The company reported C$0.36 earnings per share for the quarter. The business had revenue of C$503.80 million during the quarter. North West had a net margin of 4.39% and a return on equity of 22.37%.

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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