Desjardins Sticks to Their Hold Rating for Jean Coutu Group SV

By Jason Carr

Wall Street analyst has provided a rating update for the Services sector company today, while remaining neutral on the stock. Jean Coutu Group SV (TSX: PJC.A) received a Hold rating from Desjardins’ analyst Keith Howlett, with a C$25 price target.

According to, Howlett is ranked #1179 out of 4743 analysts.

Jean Coutu Group SV has an analyst consensus of Hold, with a price target consensus of C$25.

Based on Jean Coutu Group SV’s latest earnings report for the quarter ending August 31, the company posted quarterly revenue of C$744 million and quarterly net profit of C$47.8 million. In comparison, last year the company earned revenue of C$764 million and had a net profit of C$51.2 million.

The Jean Coutu Group (PJC), Inc. engages in the production and trade of pharmaceutical, health care, hygiene, and beauty products. It operates through the Franchising and Generic Drugs segments.

The company’s shares closed on Friday at C$24.38, close to its 52-week high of C$24.90.