Royal Bank Of Canada Issues Positive Forecast for North West (TSE:NWC) Stock Price

North West (TSE:NWC) had its price target upped by Royal Bank Of Canada from C$58.00 to C$60.00 in a report published on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, BMO Capital Markets lowered their price objective on shares of North West from C$57.00 to C$56.00 and set an “outperform” rating for the company in a research report on Thursday, December 11th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$59.25.

North West Price Performance

NWC stock opened at C$52.22 on Tuesday. North West has a 52 week low of C$44.63 and a 52 week high of C$57.95. The company has a quick ratio of 0.64, a current ratio of 2.26 and a debt-to-equity ratio of 60.08. The company has a fifty day simple moving average of C$53.99 and a two-hundred day simple moving average of C$50.14. The firm has a market capitalization of C$2.49 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 1.11 and a beta of 0.15.

North West Company Profile

The North West Co Inc is a Canada-based company that is principally engaged in retail business in underserved rural communities and urban neighborhoods. The company provides food, family apparel, housewares, appliances, and outdoor products, with food products accounting for the majority of the company’s revenue. The company also offers services, including post offices, income tax return preparation, money transfers, commercial business sales, and others. Its geographical segment includes Canada and International.