TD sets a C$75.00 target and Buy rating for Loblaw stock

Published on 10/07/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 4.10 percent in the second quarter of 2026. Loblaw stock costs EUR 38.20 between EUR 37.60 bid and EUR 38.80 ask.

Loblaw, CA5394811015, Illustration mit AI erstellt.

Loblaw stock (ISIN CA5394811015) was trading at EUR 38.20 at Lang & Schwarz on October 7, 2026 at 3:18 p.m. CEST, with a bid of EUR 37.60 and an ask of EUR 38.80. According to MarketBeat on September 10, 2026, TD assigned Loblaw a C$75.00 price target and a Buy rating.

Growth remains visible in earnings

Yahoo Finance reported from Loblaw's July 30, 2026 earnings call that second-quarter revenue, including PC Financial, reached CAD 15.3 billion, up 4.10 percent year over year. Adjusted diluted earnings per common share rose 11.90 percent to CAD 0.66, while adjusted EBITDA increased 5.10 percent to CAD 1.9 billion.

The operating mix also carried measurable momentum. Food retail same-store sales grew 1.60 percent, drug retail same-store sales rose 4.60 percent, and online sales increased 19.30 percent in the second quarter, according to Yahoo Finance.

Buybacks raise the capital return

Loblaw repurchased CAD 552 million of common shares in the second quarter and lifted its full-year 2026 repurchase expectation to CAD 2.1 billion, an increase of CAD 200 million from the initial plan, according to Yahoo Finance. Management also said adjusted earnings per common share should grow in the high single digits as retail earnings expand faster than sales.

The next quantified checkpoint is the third-quarter release. Loblaw's call transcript identifies November 19, 2026 as the planned reporting date, while the company lists its September 9, 2026 Investor Day among its 2026 events on its Loblaw investor-events page.

Stock price and analyst target

The euro quote gives German investors a separate trading reference from Loblaw's Canadian listing. The Toronto Stock Exchange quote was CAD 61.41 at the October 6, 2026 finance snapshot, against a CAD 54.30 to CAD 69.59 52-week range and a market capitalization of CAD 71.5 billion.

The analyst target remains a higher-currency reference rather than a direct comparison with the euro quote. TD's C$75.00 target and Buy rating therefore provide the clearest external valuation signal in the recent coverage, while the second-quarter figures show the operational basis behind that view.

Trading reference for October 7

Loblaw was trading at EUR 38.20 at Lang & Schwarz on October 7, 2026 at 3:18 p.m. CEST, with EUR 37.60 bid and EUR 38.80 ask. The further course of trading is shown by the continuously updated real-time quote of Loblaw stock.