TSX:LConsumer Retailing
Is Loblaw Companies (TSX:L) Pricing In Too Much Optimism After Strong Multi‑Year Gains
If you have been watching Loblaw Companies and wondering whether the current share price offers good value, this article will walk through what the numbers are really saying about the stock.
The share price recently closed at C$60.91, with returns of a 1.8% decline over 7 days, a 2.0% decline over 30 days and a 1.9% decline year to date, set against a 30.6% gain over 1 year and a 112.2% gain over 3 years, while the 5 year return is very large.
Recent coverage has kept attention on Loblaw as...