The stock of Liquor Stores N.A. Ltd (TSE:LIQ) hit a new 52-week high and has $11.83 target or 6.00% above today’s $11.16 share price. The 9 months bullish chart indicates low risk for the $310.25M company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $11.83 price target is reached, the company will be worth $18.62M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 229,194 shares traded hands or 138.88% up from the average. Liquor Stores N.A. Ltd (TSE:LIQ) has risen 26.67% since April 27, 2016 and is uptrending. It has outperformed by 20.74% the S&P500.
Liquor Stores N.A. Ltd (TSE:LIQ) Ratings Coverage
Out of 5 analysts covering Liquor Stores NA Ltd (TSE:LIQ), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. $15 is the highest target while $8.50 is the lowest. The $10.50 average target is -5.91% below today’s ($11.16) stock price. Liquor Stores NA Ltd has been the topic of 13 analyst reports since August 18, 2015 according to StockzIntelligence Inc. On Thursday, September 22 the stock rating was maintained by Dundee Securities with “Neutral”. RBC Capital Markets maintained Liquor Stores N.A. Ltd (TSE:LIQ) rating on Thursday, October 20. RBC Capital Markets has “Sector Perform” rating and $11 price target. RBC Capital Markets maintained it with “Sector Perform” rating and $12 target price in Friday, November 20 report. The stock of Liquor Stores N.A. Ltd (TSE:LIQ) earned “Sector Perform” rating by National Bank Canada on Monday, November 9.
More notable recent Liquor Stores N.A. Ltd (TSE:LIQ) news were published by: Business.Financialpost.com which released: “Liquor Stores N.A. Ltd faces potential activist in PointNorth Capital” on November 16, 2016, also Marketwired.com with their article: “Liquor Stores N.A. Ltd. Announces $67.5 Million Bought Deal Offering of 4.70 …” published on September 08, 2016, Marketwired.com published: “Liquor Stores N.A. Ltd. Reports Fourth Quarter 2015 Results; Reduces Dividend …” on March 10, 2016. More interesting news about Liquor Stores N.A. Ltd (TSE:LIQ) were released by: Marketwired.com and their article: “Liquor Stores N.A. Ltd. Reports Second Quarter 2016 Results” published on August 04, 2016 as well as Theglobeandmail.com‘s news article titled: “Why Liquor Stores shares have plunged more than 19% in two days” with publication date: November 09, 2015.
Liquor Stores N.A. Ltd. is a Canada operator of retail liquor stores. The company has a market cap of $310.25 million. The Firm operates over 180 stores in Alberta, over 30 stores in British Columbia, over 20 stores in Alaska and over 10 stores in Kentucky. It currently has negative earnings. 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.