Desjardins raised Loblaw's price target from C$148.00 to C$157.00 and issued Q1-FY2025 EPS estimates.

Desjardins raised its price target for Loblaw Companies (TSE:L) from C$148.00 to C$157.00, while maintaining a hold rating on the stock. Desjardins also issued earnings per share (EPS) estimates for Q1 2024 at $1.72, Q2 2024 at $2.14, Q3 2024 at $2.47, and FY2025 at $9.27. Other brokerages, like Royal Bank of Canada and Scotiabank, have also recently raised their price targets for Loblaw Companies.

May 02, 2024
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