Scotia Capital issued a report on Liquour Store (TSE:LIQ), raising its target price to $10.00 earlier today
- Updated: September 30, 2016
Yesterday Liquour Store (TSE:LIQ) traded -0.93% lower at $10.58. Liquour Store’s 50-day moving average is $10.16 and its 200-day moving average is $9.11. The last stock close price is up 16.41% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 66,766 shares of LIQ traded hands, down from an average volume of 89,421
In a report issued Friday September 30, 2016 Scotia Capital upped the price target of Liquour Store (TSE:LIQ) to $10.00 reporting a potential downside of -0.05%.
On 09/22/2016, Dundee Securities released a statement for Liquour Store (TSE:LIQ) bumped up the target price from $0.00 to $11.00 that suggested an upside of 0.02%.
Liquour Store has with a 52 week low of $6.40 and a 52 week high of $12.70 and has a market capitalization of $0.
In addition to Scotia Capital reporting its target price, a total of 9 brokers have issued a research note on the stock. The consensus target price is $8.45 with 1 firm rating the company a strong buy, three brokerages rating the stock a buy, three analysts rating the company a hold, 0 brokers rating the stock a underperform, and lastly zero firms rating the stock a sell.
More About Liquour Store (TSE:LIQ)
Liquor Stores N.A. Ltd. is a Canada-based operator of retail liquor stores. The Company operates over 180 stores in Alberta, over 30 stores in British Columbia, over 20 stores in Alaska and over 10 stores in Kentucky. The Company's Liquor Stores primarily operate under the brand names Liquor Depot, Liquor Barn, and Wine and Beyond in Alberta; Liquor Depot, Liquor Barn and Wine Cellar in British Columbia; Brown Jug in Alaska, and Liquor Barn, The Ultimate Party Source and Liquor Barn Express in Kentucky. The stores in New Jersey operate under the name Joe Canal's Discount Liquor Outlet. Stores in Canada generally range in size from 2,000 to 5,000 square feet. Its stores in Alaska range in size from 1,400 to 14,000 square feet. It has a combined store and warehouse premises in Alaska in over 40,000 square feet. Its Kentucky stores range in size from 2,700 to 30,000 square feet, as well as a flagship store of over 44,000 square feet.
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