North West (TSE:NWC – Get Free Report) had its target price boosted by research analysts at Jefferies Financial Group from C$41.00 to C$43.00 in a report issued on Friday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective points to a potential upside of 10.23% from the company’s previous close.
A number of other research analysts have also issued reports on NWC. Royal Bank of Canada boosted their price target on shares of North West from C$38.00 to C$40.00 in a research note on Thursday. TD Securities boosted their price target on shares of North West from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$41.20.
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North West Stock Up 1.2 %
Insiders Place Their Bets
In other North West news, Senior Officer Leanne Flewitt sold 995 shares of the company’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total transaction of C$38,884.60. 0.15% of the stock is currently owned by company insiders.
North West Company Profile
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 northern Canada, rural Alaska, the South Pacific, and the Caribbean. The Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.
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