North West Company Price Target Raised to CA$62 at CIBC

07:48 AM EDT, 09/10/2026 (MT Newswires) -- CIBC Capital Markets raised its price target on The North West Company (NWC.TO) to CA$62 from CA$58. Analyst Ty Collin maintained an outperformer rating on shares of the Canadian grocery and retail company following its quarterly results on Tuesday. Results showed "a recovery in growth and effective management of volatile supply chain costs," he said. The stock rose 7.8% on the Toronto Stock Exchange Wednesday. "We see a constructive setup for the balance of F2026 as NWC cycles soft comps and benefits from a recent uptick in child welfare settlement payments, which we expect will be a multi-year tailwind," Collin said in a note to clients. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)