The Globe and Mail reports in its Thursday, Sept. 11, edition that CIBC World Markets analyst Ty Collin continues to rate North West Company "outperformer." The Globe's David Leeder writes that Mr. Collin trimmed his share target by a loonie to $58. Analysts on average target the shares at $59.50. Mr. Collin says in a note: "Overall FQ2 results were better than feared considering uncertainties from Canadian wildfires, supported by solid progress on efficiency initiatives. However, the quarter saw the emergence of some new headwinds, including softness in Alaska and additional funding disruptions within Canada. While these were negative updates, the core of our investment thesis is the expected benefit from the $23-billion Child Welfare settlement in Canada, which started being disbursed last month, ahead of expectations. Valuation remains modest at 16 times normalized F2025E P/E (vs. Canadian grocery peers at 16 to 23 times), and we believe incremental downside is limited. Our F2025 estimates are largely consistent, as we model slower International growth offset by higher Canada sales and better margins." The Globe reported on June 13 that Mr. Collin rated North West "outperformer." It was then worth $50.28.