North West (TSE:NWC) Given New C$40.00 Price Target at Royal Bank of Canada

North West (TSE:NWC) had its price objective upped by analysts at Royal Bank of Canada from C$38.00 to C$40.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Royal Bank of Canada’s price objective indicates a potential upside of 3.23% from the company’s current price.

North West Trading Up 0.2 %

Shares of NWC traded up C$0.07 during midday trading on Thursday, hitting C$38.75. The stock had a trading volume of 40,511 shares, compared to its average volume of 60,436. The stock’s 50 day moving average is C$39.41 and its 200 day moving average is C$37.99. The firm has a market cap of C$1.85 billion, a PE ratio of 14.62, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63. The company has a debt-to-equity ratio of 63.79, a current ratio of 2.14 and a quick ratio of 0.64. North West has a 1 year low of C$29.58 and a 1 year high of C$41.12.

Insider Buying and Selling at North West

In other North West news, Senior Officer Leanne Flewitt sold 995 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of C$39.08, for a total value of C$38,884.60. Company insiders own 0.15% of the company’s stock.

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.