12:40 PM EST, 11/14/2024 (MT Newswires) -- National Bank has lifted its one year target on the company to $195, from $188, with analyst Vishal Shreedhar noting that results were "on plan." Loblaw ( LBLCF ) reported third quarter adjusted EPS of $2.50 versus NBF at $2.44 and consensus at $2.45.

Loblaw ( LBLCF ) has also been removed from National's Top Pick following strong share price appreciation and significant outperformance (Loblaw ( LBLCF ) up 49%, Metro up 14% and Empire up 4% over LTM). Loblaw ( LBLCF ) continues to be National's preferred grocer.

Maintain Outperform.

Price: 181.43, Change: -1.45, Percent Change: -0.79