North West (TSE:NWC) Price Target Raised to C$43.00

North West (TSE:NWC) had its target price lifted by Jefferies Financial Group from C$41.00 to C$43.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s price target indicates a potential upside of 10.40% from the stock’s previous close.

Several other research analysts have also recently weighed in on NWC. TD Securities raised their target price on North West from C$44.00 to C$45.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank of Canada raised their target price on North West from C$38.00 to C$40.00 in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$41.20.

North West Stock Performance

Shares of TSE:NWC traded up C$0.39 on Friday, hitting C$38.95. The company’s stock had a trading volume of 24,446 shares, compared to its average volume of 60,496. North West has a 12 month low of C$29.58 and a 12 month high of C$41.12. The company has a market capitalization of C$1.86 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63. The stock’s 50-day moving average is C$39.41 and its two-hundred day moving average is C$37.99. The company has a debt-to-equity ratio of 63.79, a quick ratio of 0.64 and a current ratio of 2.14.

Insider Activity at North West

In related news, Senior Officer Leanne Flewitt sold 995 shares of the 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. 0.15% of the stock is currently owned by corporate insiders.

About North West

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.