Loblaw Companies (TSE:L) Price Target Raised to C$75.00 at TD Securities

Loblaw Companies (TSE:L) had its target price boosted by TD Securities from C$65.00 to C$75.00 in a research report released on Monday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on L. Desjardins raised Loblaw Companies from a “hold” rating to a “buy” rating and raised their target price for the stock from C$62.00 to C$67.00 in a research note on Thursday, December 4th. Canadian Imperial Bank of Commerce increased their price target on Loblaw Companies from C$58.50 to C$67.00 in a report on Thursday, November 13th. Royal Bank Of Canada boosted their price objective on shares of Loblaw Companies from C$68.00 to C$72.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. BMO Capital Markets upped their target price on shares of Loblaw Companies from C$63.00 to C$68.00 and gave the company a “market perform” rating in a research report on Monday. Finally, National Bank Financial increased their target price on shares of Loblaw Companies from C$62.00 to C$66.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Loblaw Companies has a consensus rating of “Moderate Buy” and an average target price of C$91.63.

Loblaw Companies Stock Performance

TSE:L opened at C$69.26 on Monday. The company’s 50-day moving average is C$63.59 and its two-hundred day moving average is C$68.16. Loblaw Companies has a 1-year low of C$43.78 and a 1-year high of C$69.27. The company has a debt-to-equity ratio of 166.11, a current ratio of 1.29 and a quick ratio of 0.68. The firm has a market capitalization of C$81.81 billion, a price-to-earnings ratio of 33.83, a PEG ratio of 3.23 and a beta of 0.30.

Loblaw Companies Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 30th were paid a $0.1411 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.56 annualized dividend and a yield of 0.8%. Loblaw Companies’s payout ratio is presently 26.31%.

More Loblaw Companies News

Here are the key news stories impacting Loblaw Companies this week:

• Positive Sentiment: Loblaw plans to open 70 new stores in 2026 and says this expansion will broaden its grocery and pharmacy footprint across Canada — a growth driver for sales and market share. Read More.
• Positive Sentiment: The company is committing roughly C$2.4 billion to its retail and distribution network in 2026 and projects creation of about 9,000–9,700 jobs, signaling sustained investment to support long-term revenue growth and e-commerce/fulfillment capacity. Read More.
• Positive Sentiment: TD Securities raised its price target to C$75 and has a “buy” rating, providing analyst support that can attract buyers and justify the rally. Read More.
• Neutral Sentiment: BMO Capital Markets bumped its target to C$68 but maintained a “market perform” rating — a more cautious stance that tempers upside expectations and may limit momentum. Read More.
• Negative Sentiment: Large 2026 capital spending (reported at about C$1.75B–C$2.4B for new stores, renovations and distribution) will increase cash outflows and could pressure near-term margins and free cash flow — a risk given Loblaw’s relatively high leverage. Read More.

About Loblaw Companies

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart. The firm carries a robust private-label assortment, with top sellers like President’s Choice and No Name. In addition to its retail operations, Loblaw oversees a financial-services business, which provides credit card services and guaranteed investment certificates, and also operates its PC Optimum loyalty program.