Loblaw Companies Ltd

L-T

TSE:L

69.90
0.12 (0.17%)
Loblaw Companies Limited is a Canadian food retailer that encompasses 1,000 corporate and franchise supermarkets that operates under 22 regional and market segment banners.
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Analysis and Opinions about L-T

Signal
Opinion
Expert
BUY
BUY
September 22, 2020
On strike in Newfoundland for the past month A steady business and doing well during Covid. Loblaw also owns pharmacies. It's reasonably priced in the high-$60s.
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Loblaw Companies Ltd (L-T)
September 22, 2020
On strike in Newfoundland for the past month A steady business and doing well during Covid. Loblaw also owns pharmacies. It's reasonably priced in the high-$60s.
TOP PICK
TOP PICK
September 15, 2020

Food retailing is defensive. Unlike Empire, Loblaw owns Shoppers which gives it an edge. Loblaw is expanding their health business, entering digital health with a new acquisition. The locations of both Loblaw and SDM are great and boast a 30% market share. People are becoming comfortable using online medical services, a trend that will continue across North America long term. The growth rate in their click-and-collect and grocery delivery may not be that strong, but will continue to rise. Trades at 14x forward earnings, reasonable. The dividend is a moderate 2%. Even if we enter high volatility, this sector and stock will be fine. (Analysts’ price target is $80.82)

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Loblaw Companies Ltd (L-T)
September 15, 2020

Food retailing is defensive. Unlike Empire, Loblaw owns Shoppers which gives it an edge. Loblaw is expanding their health business, entering digital health with a new acquisition. The locations of both Loblaw and SDM are great and boast a 30% market share. People are becoming comfortable using online medical services, a trend that will continue across North America long term. The growth rate in their click-and-collect and grocery delivery may not be that strong, but will continue to rise. Trades at 14x forward earnings, reasonable. The dividend is a moderate 2%. Even if we enter high volatility, this sector and stock will be fine. (Analysts’ price target is $80.82)

PAST TOP PICK
PAST TOP PICK
July 16, 2020

(A Top Pick Jul 10/19, Up 6%) Relatively defensive with food and pharma. Nice defensive stock to own in this environment. Pantry loading with Covid, but they also have higher costs with protection equipment and higher labour costs. Leader in online grocery. The trading discount from Metro should narrow over time.

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(A Top Pick Jul 10/19, Up 6%) Relatively defensive with food and pharma. Nice defensive stock to own in this environment. Pantry loading with Covid, but they also have higher costs with protection equipment and higher labour costs. Leader in online grocery. The trading discount from Metro should narrow over time.

DON'T BUY
DON'T BUY
June 9, 2020

Are grocers safe? Yes, during this stay at home phase. Loblaw trades at 16x forward PE with a 7% growth rate. It's low beta at half the volatility of the TSX. Q2 will probably be good in terms of revenues. But he's concerned with their private label segment has required a lot of investment. Also, Loblaw is highly unionized and faces wage pressure. He prefers Metro a bit for its better valuation.

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Are grocers safe? Yes, during this stay at home phase. Loblaw trades at 16x forward PE with a 7% growth rate. It's low beta at half the volatility of the TSX. Q2 will probably be good in terms of revenues. But he's concerned with their private label segment has required a lot of investment. Also, Loblaw is highly unionized and faces wage pressure. He prefers Metro a bit for its better valuation.

TOP PICK
TOP PICK
May 25, 2020
It has been a volatile stock but a fantastically performing stock through the pandemic. A lot of people believe that people will opt to dine at home after restaurants open, as they do now, rather than dining out and L-T benefits from this. (Analysts’ price target is $78.73)
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It has been a volatile stock but a fantastically performing stock through the pandemic. A lot of people believe that people will opt to dine at home after restaurants open, as they do now, rather than dining out and L-T benefits from this. (Analysts’ price target is $78.73)
SELL
SELL
March 11, 2020
Missed recent earnings. In a market like this, you want to be exiting, not adding to positions. Not best of breed right now, not growing, dead money. Put your money into growth stocks in the next cycle. You want a nice growth rate at the same PE.
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Missed recent earnings. In a market like this, you want to be exiting, not adding to positions. Not best of breed right now, not growing, dead money. Put your money into growth stocks in the next cycle. You want a nice growth rate at the same PE.
TOP PICK
TOP PICK
February 19, 2020
The pullback is an opportunity. It's recession-proof. If you see a downturn ahead, now is the time to start building defensive positions. It's the biggest grocer with a fantastic pharmacy business (Shoppers Drug Mart). He sees decent growth. (Analysts’ price target is $78.50)
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Loblaw Companies Ltd (L-T)
February 19, 2020
The pullback is an opportunity. It's recession-proof. If you see a downturn ahead, now is the time to start building defensive positions. It's the biggest grocer with a fantastic pharmacy business (Shoppers Drug Mart). He sees decent growth. (Analysts’ price target is $78.50)
COMMENT
COMMENT
February 11, 2020

vs. Maple Leaf Foods MLF has exposure to commodity prices so it is a little cyclical. Loblaw offers slow growth but stable. MFI is probably getting hit by the coronavirus, but investing in plant-based protein which is promising. He wants to see MLF this plays out before investing.

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Loblaw Companies Ltd (L-T)
February 11, 2020

vs. Maple Leaf Foods MLF has exposure to commodity prices so it is a little cyclical. Loblaw offers slow growth but stable. MFI is probably getting hit by the coronavirus, but investing in plant-based protein which is promising. He wants to see MLF this plays out before investing.

TOP PICK
TOP PICK
January 14, 2020
All the grocers pulled back in the last quarter given higher competition which lowers product prices. Trades at 15x earnings. Can grow 8-10%. They have online delivery now. That said, studies show that people still prefer to go to stores to buy groceries. She also likes the Shoppers Drug Mart chain; their Optimum card program works well to promote cross-selling with Loblaws. (Analysts’ price target is $75.91)
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Loblaw Companies Ltd (L-T)
January 14, 2020
All the grocers pulled back in the last quarter given higher competition which lowers product prices. Trades at 15x earnings. Can grow 8-10%. They have online delivery now. That said, studies show that people still prefer to go to stores to buy groceries. She also likes the Shoppers Drug Mart chain; their Optimum card program works well to promote cross-selling with Loblaws. (Analysts’ price target is $75.91)
DON'T BUY
DON'T BUY
January 7, 2020
Made a big move in late-October 2018 during a huge move to defensive stocks. It's been positive yet underperformed the market since then. It's pulled back a little recently. Loblaw is in a competitive space. Wait till summer seasonality before considering it. Support is at $65. Not fond of it.
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Made a big move in late-October 2018 during a huge move to defensive stocks. It's been positive yet underperformed the market since then. It's pulled back a little recently. Loblaw is in a competitive space. Wait till summer seasonality before considering it. Support is at $65. Not fond of it.
COMMENT
COMMENT
December 31, 2019
The staples are starting to round over after peaking a few months ago. He guesses that Loblaw has been trading above its moving average this year. If this breaks below that 200-day, then bail out.
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Loblaw Companies Ltd (L-T)
December 31, 2019
The staples are starting to round over after peaking a few months ago. He guesses that Loblaw has been trading above its moving average this year. If this breaks below that 200-day, then bail out.
COMMENT
COMMENT
December 13, 2019

Earnings miss? She owns Loblaws instead of Empire, who just commented how competition is increasing. The recent stock pullback might just be a re-calibration of earnings metrics following the release of an earnings miss.

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Loblaw Companies Ltd (L-T)
December 13, 2019

Earnings miss? She owns Loblaws instead of Empire, who just commented how competition is increasing. The recent stock pullback might just be a re-calibration of earnings metrics following the release of an earnings miss.

COMMENT
COMMENT
November 13, 2019
Loblaw vs. Empire vs. Metro Owns none. It's a toss-up. Metro is the best. Loblaw has had fits and starts. Empire is the dark horse, bouncing back from operational problems. One is as good as the others. Metro is good for the very long-term. But Empire for the shorter-term.
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Loblaw Companies Ltd (L-T)
November 13, 2019
Loblaw vs. Empire vs. Metro Owns none. It's a toss-up. Metro is the best. Loblaw has had fits and starts. Empire is the dark horse, bouncing back from operational problems. One is as good as the others. Metro is good for the very long-term. But Empire for the shorter-term.
COMMENT
COMMENT
November 13, 2019
Loblaw vs. Empire vs. Metro Owns none. It's a toss-up. Metro is the best. Loblaw has had fits and starts. Empire is the dark horse, bouncing back from operational problems. One is as good as the others. Metro is good for the very long-term. But Empire for the shorter-term.
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Loblaw Companies Ltd (L-T)
November 13, 2019
Loblaw vs. Empire vs. Metro Owns none. It's a toss-up. Metro is the best. Loblaw has had fits and starts. Empire is the dark horse, bouncing back from operational problems. One is as good as the others. Metro is good for the very long-term. But Empire for the shorter-term.
BUY
BUY
October 9, 2019
Metro vs. Empire She owns Loblaw instead. The sector is defensive, so it's done well this year. She likes Shoppers Drug Mart, hence Loblaw, for its cross-selling via their Optimum rewards card. She prefers Metro of the two, but thinks Loblaw is better.
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Metro vs. Empire She owns Loblaw instead. The sector is defensive, so it's done well this year. She likes Shoppers Drug Mart, hence Loblaw, for its cross-selling via their Optimum rewards card. She prefers Metro of the two, but thinks Loblaw is better.
Showing 1 to 15 of 632 entries

Loblaw Companies Ltd(L-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 6

Stockchase rating for Loblaw Companies Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Loblaw Companies Ltd(L-T) Frequently Asked Questions

What is Loblaw Companies Ltd stock symbol?

Loblaw Companies Ltd is a Canadian stock, trading under the symbol L-T on the Toronto Stock Exchange (L-CT). It is usually referred to as TSX:L or L-T

Is Loblaw Companies Ltd a buy or a sell?

In the last year, 6 stock analysts published opinions about L-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Loblaw Companies Ltd.

Is Loblaw Companies Ltd a good investment or a top pick?

Loblaw Companies Ltd was recommended as a Top Pick by Stephen Takacsy, B. Eng, MBA on 2020-09-22. Read the latest stock experts ratings for Loblaw Companies Ltd.

Why is Loblaw Companies Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Loblaw Companies Ltd worth watching?

6 stock analysts on Stockchase covered Loblaw Companies Ltd In the last year. It is a trending stock that is worth watching.

What is Loblaw Companies Ltd stock price?

On 2020-09-24, Loblaw Companies Ltd (L-T) stock closed at a price of $69.9.