TD Securities Raises North West (TSE:NWC) Price Target to C$45.00

North West (TSE:NWC - Free Report) had its price target hoisted by TD Securities from C$44.00 to C$45.00 in a research note published on Thursday, BayStreet.CA reports. They currently have a buy rating on the stock.

Separately, Royal Bank of Canada lifted their price objective on shares of North West from C$38.00 to C$40.00 in a report on Thursday.

North West Stock Performance

NWC traded down C$0.12 on Thursday, reaching C$38.56. The stock had a trading volume of 79,288 shares, compared to its average volume of 61,035. North West has a 12-month low of C$29.58 and a 12-month high of C$41.12. The company has a current ratio of 2.14, a quick ratio of 0.64 and a debt-to-equity ratio of 63.79. The business's 50-day moving average price is C$39.41 and its two-hundred day moving average price is C$37.99. The company has a market cap of C$1.84 billion, a P/E ratio of 14.55, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63.

North West Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Monday, April 29th will be given a dividend of $0.39 per share. The ex-dividend date is Wednesday, April 17th. This represents a $1.56 dividend on an annualized basis and a yield of 4.05%. North West's payout ratio is presently 58.87%.

Insider Buying and Selling

In related news, Senior Officer Leanne Flewitt sold 995 shares of the business's stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of C$39.08, for a total transaction of C$38,884.60. 0.15% of the stock is currently owned by company insiders.

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.