CIBC starts coverage with a CAD 81 target for Loblaw stock

Published on 10/23/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CIBC set a CAD 81.00 target on October 22, 2026. Loblaw stock trades at EUR 44.90 on October 23, 2026, before November 19 results.

Coverage and upcoming results

CIBC set a CAD 81.00 target on October 22, 2026.
Second-quarter revenue reached CAD 15.05 billion for the period ended June 20, 2026.
Loblaw stock trades at EUR 44.90 at 11:38 a.m. CEST at Lang & Schwarz on October 23, 2026.
Third-quarter results are scheduled for November 19, 2026.

Loblaw, CA5394811015, Illustration mit AI erstellt.

Loblaw Companies Limited (CA5394811015) was trading at EUR 44.90 at Lang & Schwarz on October 23, 2026 at 11:38 a.m. CEST. Markets Insider reported on October 22, 2026 that CIBC initiated coverage with an Outperformer rating and a CAD 81.00 price target.

CIBC sees room above the current quote

The new analyst view places the target in Canadian dollars, while the German-market indication is quoted in euros. CIBC attributed its assessment to Loblaw's historically high return on invested capital, improving sales productivity and operating margins, according to the report.

The analyst argument rests on operating execution rather than a single quarterly surprise. Loblaw combines grocery retail, pharmacy operations and related businesses, giving the coverage a broader earnings context than food prices alone.

What follows before the next report?

Loblaw's recent reported figures provide the operating baseline. MarketBeat said second-quarter revenue was CAD 15.05 billion and quarterly earnings per share were CAD 0.66 for the period reported in July 2026. The same report cited an average broker target of CAD 71.44.

Stockwatch reported on October 22, 2026 that Loblaw will release third-quarter 2026 results on November 19, 2026 at approximately 6:30 a.m. ET. The release will be followed by a conference call at 10:00 a.m. ET.

Three dated steps for Loblaw

On July 30, 2026, Loblaw reported second-quarter revenue of CAD 15.05 billion and earnings per share of CAD 0.66, according to MarketBeat. On October 22, 2026, the company announced the November 19, 2026 reporting date, as reported by Stockwatch. On the same date, CIBC initiated coverage with an Outperformer rating and a CAD 81.00 target, according to Markets Insider.

Next date for investors

The next substantiated company date is November 19, 2026, when Loblaw is scheduled to publish its third-quarter results. The release should provide the next test of the sales and margin assumptions behind the new CIBC coverage.

Stock indication before results

The stock was trading at EUR 44.90 at Lang & Schwarz on October 23, 2026 at 11:38 a.m. CEST. The primary listing is on the Toronto Stock Exchange, where the shares are quoted in Canadian dollars.

The further course of trading is shown by the continuously updated real-time quote of Loblaw stock.