The North West (OTCMKTS:NNWWF) PT Raised to $40.00

The North West (OTCMKTS:NNWWF) had its price target raised by analysts at BMO Capital Markets from $38.00 to $40.00 in a note issued to investors on Thursday, The Fly reports. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 37.25% from the stock’s current price.

Shares of NNWWF remained flat at $$29.14 during mid-day trading on Thursday. 8 shares of the stock traded hands, compared to its average volume of 308. The North West has a 1-year low of $16.26 and a 1-year high of $29.14. The company has a fifty day moving average of $26.51 and a 200-day moving average of $25.86.

About The North West

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 Canada, Alaska, the South Pacific, and the Caribbean. The company's Canadian operations comprise 117 Northern stores, which offers food, financial services, and general merchandise; 5 NorthMart stores that provides fresh foods, apparel, and health products and services; 44 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 22 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 1 Solo Market store for rural market; 1 Valu Lots discount center and direct-to-customer food distribution outlet; 2 Pharmacy and Convenience stores; and 1 North West Company Fur Marketing outlet that offers wild furs, handicrafts, and authentic Canadian heritage products.

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