TD Securities Begins Coverage on Neighbourly Pharmacy (TSE:NBLY)

TD Securities initiated coverage on shares of Neighbourly Pharmacy (TSE:NBLYGet Rating) in a report issued on Monday, TipRanks reports. The firm issued a buy rating and a C$39.00 target price on the stock.

A number of other equities analysts also recently commented on the stock. Desjardins upped their price objective on shares of Neighbourly Pharmacy from C$33.00 to C$35.00 in a research report on Thursday, March 24th. Industrial Alliance Securities upgraded shares of Neighbourly Pharmacy to a buy rating and set a C$40.00 price objective for the company in a research report on Monday, March 21st. Finally, Royal Bank of Canada upped their price objective on shares of Neighbourly Pharmacy from C$39.00 to C$42.00 and gave the stock an outperform rating in a research report on Monday, March 21st.

The firm has a market cap of C$930.33 million and a price-to-earnings ratio of -10.67. The company has a debt-to-equity ratio of 40.22, a quick ratio of 0.91 and a current ratio of 1.78. Neighbourly Pharmacy has a 52 week low of C$20.50 and a 52 week high of C$40.07.

About Neighbourly Pharmacy (Get Rating)

Neighbourly Pharmacy Inc owns and operates a chain of retail pharmacies in Canada. It operates in 172 locations. The company was incorporated in 2015 and is headquartered in Toronto, Canada.

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