Related posts

This Week’s Stock Picks & BNN Top Picks Summary: IBKR-Q, TOI-X and 21 Stock and 3 ETF Top Picks (Apr 05-11)Weekly 52-Week Low (or 52-Week High): ARE-T, CS-T, TLO-T, SVA-X and More 52-Week Highs and Lows (Apr 03-09)Stocks fade into the close
Investor Insights

This summary was created by AI, based on 12 opinions in the last 12 months.

The reviews from the experts indicate that Loblaw Companies Ltd is performing well in the grocery and drugstore sectors, benefiting from discount banners and strong private label portfolio. The Shoppers Drug Mart is also contributing to the company's success. Some experts suggest waiting for a pullback before entering the stock, while others recommend taking profits. Overall, the company is seen as a defensive consumer staple going into an economic slowdown, with strong fundamentals and potential for long-term growth.

Consensus
Positive
Valuation
Fair Value
PAST TOP PICK
Loblaw Companies Ltd
(A Top Pick Mar 21/23, Up 33%)

Remarkable sprint for a grocer and drugstore, executing well on both. Benefited from discount banners. Higher margins on strong private label portfolio. SDM is doing very well, same-store sales going up, pharmacies expanding scope of service -- increases revenue and foot traffic. Wait for a pullback to enter.

food stores
HOLD
Loblaw Companies Ltd

Good run, don't add new capital, not as cheap as it was. Perhaps sell calls. Name still works. 15x 2025 earnings, 10% EPS growth, healthy general margin expansion. Strong Shopper's numbers last quarter. Still likes it longer term.

food stores
TOP PICK
Loblaw Companies Ltd

Defensive consumer staple going into economic slowdown. Over half of food banners are in discount, seeing increased traffic. Plus, more people are cooking at home rather than eating out. SDM has great locations, offers Loblaw products; pharmacists expanding roles, and this increases general traffic. Yield is 1.45%.

(Analysts’ price target is $135.40)
food stores
TRADE
Loblaw Companies Ltd

The chart is consolidating, but has been sideways for the last two years. A trade, with support around $115 to resistance around $121. Historically, this stock rises, consolidates for a while, then breaks out.

food stores
DON'T BUY
Loblaw Companies Ltd

It's not their fault that food prices are so high. The bread-fixing scandal didn't help their PR. With long lines at food banks, people need a scapegoat. He owns ATD instead. This sector will remain unpopular even if it makes money.

food stores
HOLD
Loblaw Companies Ltd
Take profits?

Very few competitors, and those types of names tend to perform well long-term. Largest grocery retailer, so procures good prices and controls distribution. Shoppers Drug Mart provide lots of earnings. Loyalty programs doing well. As a consumer staple, won't participate with more cyclical names. Defensive part of your portfolio. If you're up nicely, you could take some profits.

food stores
BUY
Loblaw Companies Ltd

Likes it. It's an inflation story. Some consumers are gravitating away from restaurants and back to buying their own food, so it's a volume story too. Good place to be. Trading at a reasonable 15x earnings, not overly expensive. If you think we're getting into a mild recession, which might be prolonged, this is a safe bet.

food stores
COMMENT
Loblaw Companies Ltd

It has grown its profits very well despite modest revenue growth. It will be challenging for it maintain these high profits over the next couple of years. He is not buying since the near term growth is low.

food stores
RISKY
Loblaw Companies Ltd

Has done very well in the last couple of years, reaching 4x book value, a level not seen in 18 years. Spectacular move, but that's it. Upside to $137. Starting to roll over. Hard to say, it's betwixt and between. Be cautious.

food stores
BUY
Loblaw Companies Ltd

Defensive. Owned it a while ago, but Loblaw offers better value, the Shoppers chain, exposure to cities, and better efficiencies. Neither pays a good dividend, but Empire's chart looks attractive now for the short term. 

food stores
BUY
Loblaw Companies Ltd

High quality grocery business (largest in Canada).
Excellent business fundamentals.
Volatile share price - but over the long run is a good business.
Price target of $138.
Upward trend in share price.
Consumers staples a defensive sector with lower risk.

food stores
PAST TOP PICK
Loblaw Companies Ltd
(A Top Pick Jul 21/22, Up 3%)

Consumer needs, not wants, is the place to be. Mid-teens PE ratio. A compounder of 14% over the last decade. Slow and steady.

food stores
HOLD
Loblaw Companies Ltd

Bought near $60, when it was being ignored. Don't buy the grocers right now, they're near the top having benefited from inflation. Nice 10% growth rate, not a bad 15.6 PE. Good story, but already reflected in the price. Lots of cheap stocks out there, pick one of those.

food stores
DON'T BUY
Loblaw Companies Ltd

It is making lots of money since prices are up, even though margins have not increased. The concern is if food prices drop then they would have to increase their margins. Even though it is not cheap they are buying back stock. Too expensive to buy now but it is a defensive stock.

food stores
TOP PICK
Loblaw Companies Ltd

Consumer staples are defensive as we head into a slowing economy. Their discount banners are attracting customer traffic amid inflation. She likes their private labels with 25% customer penetration and strong margins. Great locations. Have benefited from the reopening as people return to the office. Drug stores will play a growing, bigger role in healthcare (Loblaw owns Shoppers Drug Mart and is well-positioned).

(Analysts’ price target is $137.05)
food stores
Showing 1 to 15 of 678 entries

Loblaw Companies Ltd(L-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

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, 10 stock analysts published opinions about L-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

10 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 2024-04-16, Loblaw Companies Ltd (L-T) stock closed at a price of $148.27.