Nattel covers the Consumer Defensive sector, focusing on stocks such as Loblaw Companies, Dollarama, and Empire Co Cl A NV. According to TipRanks, Nattel has an average return of 16.7% and a 66.39% success rate on recommended stocks.
Loblaw Companies has an analyst consensus of Strong Buy, with a price target consensus of C$70.39, which is an 11.04% upside from current levels. In a report released on July 23, TD Cowen also maintained a Buy rating on the stock with a C$75.00 price target.
Based on Loblaw Companies’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$14.48 billion and a net profit of C$594 million. In comparison, last year the company earned a revenue of C$14.14 billion and had a net profit of C$503 million
Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LBLCF in relation to earlier this year.
