Analysts Lift Loblaw Ratings; EPS and Raised Quarterly Dividend Reported
TD Securities raised Loblaw Companies to a strong-buy rating and Scotia lifted its price objective to C$67 from C$64 with a sector perform view. Desjardins raised its target to C$72 from C$70. The retailer reported quarterly EPS of C$0.66 on C$15.05B revenue and paid a raised quarterly dividend of $0.1552 per share.