Bullboard - Stock Discussion Forum Neighbourly Pharmacy Inc T.NBLY

Healthcare

Neighbourly Pharmacy Inc. is a Canada-based company that operates a network of community pharmacies. The Company is an owner and operator of retail pharmacies located throughout Canada under banners such as IDA/Guardian, Pharmachoice, Pharmasave and Remedy’s RX. The Company, through its subsidiaries, owns and operates a network of retail pharmacies known as Rubicon Pharmacies (Rubicon or... see more

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TSX:NBLY - Post Discussion

Neighbourly Pharmacy Inc > Scotia Capital

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Post by retiredcf on Oct 03, 2022 7:59am

Scotia Capital

This new analyst reduced the targets for a multitude of companies. GLTA

In a series of research reports released Monday, Scotia Capital analyst George Doumet assumed the firm’s consumer products coverage following the retirement of colleague Patricia Baker.

Neighbourly Pharmacy Inc.

( “sector outperform”) to $25 from $30. Average: $29.30.

“When compared to its Canadian consolidator peers, NBLY boasts one of the highest EBITDA/share CAGRs from 2020 to 2023,” he said. “NBLY is currently trading at 10.7 times our F24 estimates. We believe a premium to its consolidation peers is warranted given NBLY’s stronger growth profile, its more defensive business model and its stronger FCF generation.”

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