Stocks to Watch: Loblaw Companies Limited (TSX:L) Down -4.03%

At close of market on Friday, Loblaw Companies Limited (TSX:L) stock finished trading at -4.03%, bringing the stock price to $67.34 on the Toronto Stock Exchange. The stock price saw a low of $67.34 and a high of $69.71.

The company’s stock was traded 4,453 times with a total of 1,818,381 shares traded.

Loblaw Companies Limited has a market cap of $24.82 billion, with 369.12 million shares in issue.

Loblaw is Canada’s largest food retailer, with over 1,000 grocery stores. Loblaw boasts several leading private-label food brands such as President’s Choice and No Name as well as its leading Joe Fresh apparel brand. Loblaw also sells general merchandise and provides drugstore products and financial services. In 2014, Loblaw acquired Shoppers Drug Mart, a leading drugstore chain with over nearly 1,400 drugstores.

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