National Bank raises target for Loblaw stock to CAD 72.00
Published on 10/22/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly figures and analyst view
- National Bank Financial set a CAD 72.00 target on October 21, 2026.
- Loblaw reported CAD 15.05 billion revenue for the second quarter of 2026.
- Loblaw stock traded at EUR 43.40 at 12:07 p.m. CEST at Lang & Schwarz on October 22, 2026.
Loblaw stock (ISIN CA5394811015) was trading at EUR 43.40 at Lang & Schwarz on October 22, 2026 at 12:07 p.m. CEST. According to MarketBeat on October 21, 2026, National Bank Financial raised its target for Loblaw from CAD 70.00 to CAD 72.00 and kept an outperform rating.
Quarterly results set the base
Loblaw reported CAD 15.05 billion revenue and CAD 0.66 earnings per share for the second quarter of 2026, according to MarketBeat. The company investor page identifies the reporting period as the 12 weeks ended June 20, 2026.
The quarterly revenue figure was paired with a 4.32 percent net margin and a 25.25 percent return on equity in the same report. Those figures give the analyst target a measured operating backdrop rather than a purely sentiment-driven rationale.
Three dated stock events
On July 30, 2026, Loblaw reported CAD 15.05 billion in quarterly revenue; on September 10, 2026, TD set a CAD 75.00 target; and on October 21, 2026, National Bank Financial raised its target from CAD 70.00 to CAD 72.00, according to MarketBeat.
What does the target reset mean?
National Bank Financial's CAD 72.00 target sits above the latest Toronto Stock Exchange quote of CAD 68.46 on October 21, 2026 at 4:00 p.m. ET. Loblaw's 52-week range was CAD 54.44 to CAD 70.23, while market capitalization stood at CAD 79.1 billion on that date.
Upcoming reporting dates
The next quarterly report is scheduled for November 18, 2026, according to Investing.com. Barron's lists the fiscal year 2026 report for February 25, 2027, giving investors two dated checkpoints for the target thesis.
Price holds the final word
The Toronto Stock Exchange quote was below National Bank Financial's CAD 72.00 target but above the midpoint of Loblaw's CAD 54.44 to CAD 70.23 52-week range. At Lang & Schwarz, the stock was trading at EUR 43.40 on October 22, 2026 at 12:07 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Loblaw stock.
Loblaw stock at a glance
- Company: Loblaw Companies Limited
- ISIN: CA5394811015
- Ticker: L
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 22, 2026, 12:07 p.m. CEST): EUR 43.40
- Market capitalization: CAD 79.1 billion (as of October 21, 2026)
- 52-week range: CAD 54.44-70.23 (as of October 21, 2026)
- Sector / Industry: Consumer Staples / Food Retail
- Next earnings date: November 18, 2026
Market context: Market report S&P/TSX Composite.
