Jean Coutu Group (PJC) Inc. (TSX PJC.A) Updated Apr 24, 2009
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The Jean Coutu Group (PJC) Inc. is the fourth largest drugstore chain in North America and the second largest in both the eastern United States and Canada. The Company and its combined network of 2,186 corporate and franchised drugstores (under the banners of Brooks and Eckerd Pharmacy, PJC Jean Coutu, PJC Clinique and PJC Sante Beaute) employ more than 61,000 people.
The Jean Coutu Group's United States operations employ 46,000 people and comprise 1,859 corporate owned stores located in 18 states of the Northeastern, mid-Atlantic and Southeastern United States. The Jean Coutu Group's Canadian operations and franchised drugstores in its network employ over 15,000 people and comprise 327 PJC Jean Coutu franchised stores in Quebec, New Brunswick and Ontario.
Recent News: The Jean Coutu Group-Third Quarter of Fiscal Year 2012 Results
The Jean Coutu Group: First Quarter of Fiscal Year 2012 Results
Perry Caicco ........... CIBC World Markets ....Jan 09, 2012
Target raised to $15.00 from $13.00C
PJC.A Price day before:$13.22Finish day posting$13.27Current:13.30C
------Oct 05, 2011---------
(2011 #1 of 7 analysts covering PJC.A)
Target raised to $13.00 from $12.00C (Target Hit Nov 02, 2011)
PJC.A Price day before:$11.45Finish day posting$11.49Current:13.30C
------Apr 29, 2011------
Upgraded to OUTPERFORM from SECTOR PERFORM
PJC.A Price day before:$10.59Finish day posting$10.50Current:13.30C
------Jan 10, 2011-----
Target raised to $11.50 from $11.00C (Target Hit May 26, 2011)
PJC.A Price day before:$9.57Finish day posting$9.44Current:13.30C
-------Apr 29, 2010---------
Target reduced to $12.00 from $12.50C
PJC.A Price day before:$9.00Finish day posting$9.00Current:13.30C
-----Dec 21, 2007--------
Target reduced to $14.50 from $16.25C
PJC.A Price day before:$11.65Finish day posting$11.60Current:13.30C
--------Aug 07, 2007--------
Upgraded to OUTPERFORM from SECTOR PERFORM
PJC.A Price day before:$14.33Finish day posting$14.39Current:13.30C
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Peter Sklar .... BMO Capital Markets ..Jan 09, 2012
Target raised to $16.00 from $15.00C
PJC.A Price day before:$13.22Finish day posting$13.27Current:13.30C
------July 28, 2011-----
Upgraded to OUTPERFORM from MARKET PERFORM
PJC.A Price day before:$11.85Finish day posting$12.16Current:13.30C
-----Nov 10, 2010-----
Maintained MARKET PERFORM
Target raised to $10.00 from $9.50C (Target Hit Feb 15, 2011)
PJC.A Price day before:$9.15Finish day posting$9.28Current:13.30C
------Sept 16, 2010--------
New MARKET PERFORM
Target $9.50C (Target Hit Nov 18, 2010)
PJC.A Price day before:$8.55Finish day posting$8.51Current:13.30C
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Keith Howlett ........... Desjardins Securities ...Jan 09, 2012
Target raised to $13.25 from $12.50C
PJC.A Price day before:$13.22Finish day posting$13.27Current:13.30C
------Oct 05, 2011--------
Target $12.50C (Target Hit Oct 26, 2011)
Downgraded to HOLD from BUY
PJC.A Price day before:$11.45Finish day posting$11.49Current:13.30C
------July 06, 2011---------
Maintained BUY
Target raised to $12.50 from $11.50C (Target Hit Sept 15, 2011)
PJC.A Price day before:$11.35Finish day posting$11.40Current:13.30C
------Apr 29, 2011--------
Maintained BUY
Target raised to $11.50 from $11.00C (Target Hit May 26, 2011)
PJC.A Price day before:$10.59Finish day posting$10.50Current:13.30C
------Apr 29, 2010-------
Target reduced to $11.00 from $12.50C (Target Hit May 09, 2011)
PJC.A Price day before:$9.00Finish day posting$9.00Current:13.30C
------Oct 07, 2009------
Maintained BUY
Target $12.00C
PJC.A Price day before:$9.65Finish day posting$9.82Current:13.30C
-------Aug 07, 2007-----------
Upgraded to BUY from HOLD
Price Target $17.00C
PJC.A Price day before:$14.33Finish day posting$14.39Current:13.30C
-------Mar 13, 2007--------
Maintained HOLD
Price Target $17.00C
PJC.A Price day before:$15.20Finish day posting$14.66Current:13.30C
------Jan 10, 2007------
Maintained BUY
Price Target $15.50C(Target Hit Jan 17, 2007)
PJC.A Price day before:$14.40Finish day posting$14.65Current:13.30C
-----Aug 18, 2006----
Maintained BUY
Price Target $15.50C (Target Hit Jan 17, 2007)
PJC.A Price day before:$10.16Finish day posting$10.49Current:13.30C
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Michael Van Aelst .... TD Newcrest ..Jan 09, 2012
Target raised to $14.00 from $13.00C
PJC.A Price day before:$13.22Finish day posting$13.27Current:13.30C
------Oct 05, 2011--------
Maintained HOLD
Target raised to $13.00 from $12.50C (Target Hit Nov 02, 2011)
PJC.A Price day before:$11.45Finish day posting$11.49Current:13.30C
------July 06, 2011-------
Maintained HOLD
Target raised to $12.50 from $11.50C (Target Hit Sept 15, 2011)
PJC.A Price day before:$11.35Finish day posting$11.40Current:13.30C
-----Apr 29, 2011------
Maintained HOLD
Target raised to $11.50 from $10.50C (Target Hit May 26, 2011)
PJC.A Price day before:$10.59Finish day posting$10.50Current:13.30C
------Jan 10, 2011------
Maintained HOLD
Target raised to $10.50 from $10.00C (Target Hit Apr 05, 2011)
PJC.A Price day before:$9.57Finish day posting$9.44Current:13.30C
-------Oct 06, 2010---------
Downgraded to HOLD from BUY
Target $10.00C (Target Hit Feb 15, 2011)
PJC.A Price day before:$8.92Finish day posting$8.75Current:13.30C
------June 28, 2010-------
Maintained BUY
Target reduced to $10.00 from $11.00C (Target Hit Feb 15, 2011)
PJC.A Price day before:$8.73Finish day posting$8.52Current:13.30C
-------Jan 11, 2010-------
Maintained BUY
Target reduced to $11.00 from $11.50C
PJC.A Price day before:$9.30Finish day posting$9.52Current:13.30C
-------Jan 11, 2010-------
Maintained BUY
Target raised to $11.50 from $11.00C
PJC.A Price day before:$10.05Finish day posting$10.04Current:13.30C
------Jan 05, 2010-------
Maintained BUY
Target $11.00C
PJC.A Price day before:$9.85Finish day posting$9.83Current:13.30C
-------July 08, 2009------------
Upgraded to BUY from HOLD
Target raised to $11.00 from $10.00 C
PJC.A Price day before:$9.48Finish day posting$10.00Current:13.30C
-----May 07, 2009----
Downgraded to HOLD from BUY
Target $10.00C
PJC.A Price day before:$9.60Finish day posting$9.73Current:13.30C
-------Apr 28, 2009-------
Maintained BUY
Target raised to $10.00 from $9.50 C (Target Hit July 08, 2009)
PJC.A Price day before:$8.60Finish day posting$8.75Current:13.30C
------Apr 20, 2009------
Maintained BUY
Target raised to $9.50 from $8.50 C (Target Hit May 04, 2009)
PJC.A Price day before:$8.25Finish day posting$8.17Current:13.30C
-------Jan 06, 2009-----
Maintained BUY
Target $8.50 C (Target Hit Apr 09, 2009)
PJC.A Price day before:$7.81Finish day posting$7.94Current:13.30C
--------June 12, 2008-----
Target reduced to $11.00 from $11.50 C
PJC.A Price day before:$9.26Finish day posting$9.26Current:13.30C
----------Jan 08, 2007------
Maintained HOLD
Target reduced to $12.50 from $14.50 C
PJC.A Price day before:$10.41Finish day posting$10.20Current:13.30C
------Oct 15, 2007------
Maintained HOLD
Target reduced to $14.50 from $15.00 C
PJC.A Price day before:$13.48Finish day posting$13.32Current:13.30C
--------Sept 28, 2007--------
Maintained HOLD
Target reduced to $15.00 from $15.50C
PJC.A Price day before:$13.53Finish day posting$13.25Current:13.30C
----------Sept 24, 2007------
New HOLD
Target $15.50C
PJC.A Price day before:$14.80Finish day posting$14.67Current:13.30C
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Patricia Baker ........... Scotia Capital ......Jan 09, 2012
Target raised to $13.50 from $12.00C
PJC.A Price day before:$13.22Finish day posting$13.27Current:13.30C
-----May 02, 2011--------
Maintained SECTOR PERFORM
Target raised to $11.50 from $10.00C (Target Hit May 26, 2011)
PJC.A Price day before:$10.50Finish day posting$10.54Current:13.30C
-------July 07, 2010-------
Maintained SECTOR PERFORM
Target reduced to $10.00 from $10.50C (Target Hit Feb 15, 2011)
PJC.A Price day before:$8.39Finish day posting$8.36Current:13.30C
-------Jan 11, 2010------
Maintained SECTOR PERFORM
Target raised to $10.50 from $10.00C
PJC.A Price day before:$10.05Finish day posting$10.04Current:13.30C
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.......... Recognia ......Jan 06, 2012
Symmetrical Continuation Triangle (Bullish)
Target $14.00C
PJC.A Price day before:$12.84Finish day posting$13.22Current:13.30C
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.... Canaccord/Genuity ...Jan 05, 2012
Target raised to $14.00 from $13.00C
PJC.A Price day before:$13.14Finish day posting$12.84Current:13.30C
-------July 07, 2010------
Target reduced to $11.00 from $12.00C (Target Hit May 09, 2011)
PJC.A Price day before:$8.39Finish day posting$8.36Current:13.30C
.... Genuity Capital Markets ...Sept 08, 2009
New HOLD
Target $11.00C
PJC.A Price day before:$9.78Finish day posting$9.71Current:13.30C
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Irene Nattel ........... RBC Capital Markets ...Dec 23, 2011
Maintained SECTOR PERFORM
Target raised to $14.00 from $13.00C
PJC.A Price day before:$13.39Finish day posting$13.21Current:13.30C
------July 06, 2011-------
Maintained SECTOR PERFORM
Target raised to $13.00 from $12.00C (Target Hit Nov 02, 2011)
PJC.A Price day before:$11.35Finish day posting$11.40Current:13.30C
-------July 05, 2011--------
Maintained SECTOR PERFORM
Target raised to $12.00 from $11.00C(Target Hit July 14, 2011)
PJC.A Price day before:$11.15Finish day posting$11.35Current:13.30C
------Apr 23, 2007-------
Upgraded to OUTPERFORM from SECTOR PERFORM
PJC.A Price day before:$14.75Finish day posting$14.85Current:13.30C
-------Jan 02, 2006--------
Price Target raised to $16.00 from $14.50C (Target Hit Jan 17, 2007)
PJC.A Price day before:$13.75Finish day posting$13.95Current:13.30C
--------Aug 02, 2006-----
Price Target reduced to $12.50 from $15.00C (Target Hit Aug 24, 2006)
PJC.A Price day before:$10.40Finish day posting$10.35Current:13.30C
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Vishal Shreedhar ...........Bank National Financial .....Nov 01, 2010
New OUTPERFORM
Target $15.00C
PJC.A Price day before:$12.75Finish day posting$12.83Current:13.30C
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David Hartley .... Credit Suisse ..Oct 28, 2011
New NEUTRAL
PJC.A Price day before:$12.76Finish day posting$12.73Current:13.30C
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Vishal Shreedhar .... UBS ..Jan 10, 2011
Target raised to $11.00 from $10.25C (Target Hit May 09, 2011)
PJC.A Price day before:$9.57Finish day posting$9.44Current:13.30C
-------Oct 06, 2010-----
Target raised to $10.25 from $10.00C (Target Hit Mar 01, 2011)
PJC.A Price day before:$8.92Finish day posting$8.75Current:13.30C
-------July 07, 2010------
Target reduced to $10.00 from $10.50C (Target Hit Feb 15, 2011)
PJC.A Price day before:$8.39Finish day posting$8.36Current:13.30C
------Apr 29, 2010------
Target reduced to $10.50 from $12.00C
PJC.A Price day before:$9.00Finish day posting$9.00Current:13.30C
-----Jan 11, 2010-------
Maintained BUY
Target raised to $12.00 from $11.00C
PJC.A Price day before:$10.05Finish day posting$10.04Current:13.30C
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Winston Lee .... Credit Suisse ..Jan 10, 2011
Target raised to $11.00 from $10.00C (Target Hit May 09, 2011)
PJC.A Price day before:$9.57Finish day posting$9.44Current:13.30C
---------Apr 26, 2010-------
Maintained NEUTRAL
Target reduced to $10.00 from $11.00C (Target Hit Feb 15, 2011)
PJC.A Price day before:$9.04Finish day posting$9.10Current:13.30C
------Jan 11, 2010------
Downgraded to NEUTRAL from OUTPERFORM
PJC.A Price day before:$10.05Finish day posting$10.04Current:13.30C
-------June 25, 2009------
Target raised to $11.00 from $10.00 C
PJC.A Price day before:$9.50Finish day posting$9.26Current:13.30C
-------.June 27, 2008------
Target reduced to $9.00 from $11.00 C
PJC.A Price day before:$8.51Finish day posting$8.38Current:13.30C
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James Durran ...........Bank National .....June 30, 2010
Maintained OUTPERFORM
Target reduced to $10.00 from $11.00C (Target Hit Feb 15, 2011)
PJC.A Price day before:$8.25Finish day posting$8.22Current:13.30C
------Apr 08, 2010------
Maintained OUTPERFORM
Target reduced to $11.00 from $11.50C
PJC.A Price day before:$9.89Finish day posting$9.30Current:13.30C
--------Jan 11, 2010-------
Target raised to $11.50 from $11.00C
PJC.A Price day before:$10.05Finish day posting$10.04Current:13.30C
-------June 25, 2009----------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $11.00 from $9.50 C
PJC.A Price day before:$9.50Finish day posting$9.26Current:13.30C
-------Jan 07, 2008-----
Maintained SECTOR PERFORM
Price Target reduced to $12.50 from $15.00C
PJC.A Price day before:$10.88Finish day posting$10.41Current:13.30C
-------Jan 10, 2007------
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target raised to $17.00 from $14.00C
PJC.A Price day before:$14.40Finish day posting$14.65Current:13.30C
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Stuart Morrow ........... Research Capital ...Dec 21, 2007
Target reduced to $12.50 from $14.75C
PJC.A Price day before:$11.65Finish day posting$11.60Current:13.30C
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Karim Salamatian ...........BMO Capital Markets .....Jan 10, 2007
Maintained MARKET PERFORM
Price Target raised to $15.00 from $13.75C (Target Hit)
PJC.A Price day before:$14.40Finish day posting$14.65Current:13.30C
------Aug 25, 2006-----
Maintained MARKET PERFORM
Price Target raised to $13.75 from $12.25C (Target Hit Aug 24, 2006)
PJC.A Price day before:$12.76Finish day posting$12.34Current:13.30C
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Ryan Balgopal ........... Scotia Capital .....Jan 10, 2007
Maintained SECTOR PERFORM
Price Target raised to $15.25 from $13.25C (Target Hit Jan 16, 2007)
PJC.A Price day before:$14.40Finish day posting$14.65Current:13.30C
----Jan 03, 2007---------
Maintained SECTOR PERFORM
Price Target $13.25C (Target Hit)
PJC.A Price day before:$13.79Finish day posting$14.00Current:13.30C
-------Oct 11, 2006------
Maintained SECTOR PERFORM
Price Target reduced to $13.25 from $14.00C (Target Hit Dec 14, 2006)
PJC.A Price day before:$11.92Finish day posting$11.97Current:13.30C
------Aug 25, 2006-----
Maintained SECTOR PERFORM
Price Target raised to $14.00 from $13.00C (Target Hit)
PJC.A Price day before:$12.76Finish day posting$12.34Current:13.30C
------Aug 18, 2006-------
Maintained SECTOR PERFORM
Price Target $13.00C (Target Hit Aug 24, 2006)
PJC.A Price day before:$10.16Finish day posting$10.49Current:13.30C
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David Hartley ........... Blackmont Capital .....Jan 09, 2007
Maintained HOLD
PJC.A Price day before:$13.81Finish day posting$14.40Current:13.30C
-----Aug 25, 2006------
Upgraded to HOLD from SELL
PJC.A Price day before:$12.76Finish day posting$12.34Current:13.30C
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Patricia Baker ........... Merrill Lynch .....Aug 24, 2006
Upgraded to NEUTRAL from SELL
PJC.A Price day before:$10.95Finish day posting$12.76Current:13.30C
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Ryan Balgopal ........... Jennings Capital .....Aug 05, 2006
Downgraded to BUY from STRONG BUY
Price Target reduced to $14.00 from $18.15C (Target Hit Jan 03, 2007)
PJC.A Price day before:$10.51Finish day posting$10.45Current:13.30C
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Jean Coutu Group
Short Positions
Date Outstanding Price Range
July 01 to 15, 2010 866,074 $8.89 to $8.05
June 16 to 30, 2010 1,014,822 $9.20 to $7.88
June 01 to 15, 2010 789,585 $9.19 to $8.85
May 16 to 31, 2010 814,358 $9.18 to $8.83
May 01 to 15, 2010 713,032 $9.18 to $8.61
Apr 16 to 30, 2010 798,362 $9.25 to $8.91
Apr 01 to 15, 2010 699,446 $10.05 to $8.95
Mar 16 to 31, 2010 593,672 $10.06 to $9.76
Mar 01 to 15, 2010 721,901 $10.00 to $9.63
Feb 16 to 28, 2010 755,398 $9.93 to $9.40
Feb 01 to 15, 2010 812,525 $9.84 to $9.25
Jan 16 to 31, 2010 807,636 $10.20 to $9.52
Jan 01 to 15, 2010 924,918 $10.24 to $9.60
Dec 16 to 31, 2009 872,182 $9.74 to $9.20
Dec 01 to 15, 2009 1,487,833 $9.58 to $9.17
Nov 16 to 30, 2009 2,185,686 $9.47 to $8.83
Nov 02 to 13, 2009 2,034,595 $9.16 to $8.59
Oct 16 to 30, 2009 2,229,183 $9.30 to $8.76
Oct 01 to 15, 2009 2,237,851 $10.06 to $9.11
Sept 16 to 30, 2009 2,133,475 $10.20 to $9.22
Sept 01 to 15, 2009 1,960,336 $9.95 to $9.45
Aug 17 to 31, 2009 2,114,255 $10.35 to $9.66
Aug 04 to 14, 2009 1,986,837 $10.34 to $9.87
July 16 to 31, 2009 1,990,599 $10.94 to $9.98
July 02 to 15, 2009 2,236,452 $10.72 to $9.38
June 16 to 30, 2009 2,353,773 $9.90 to $9.18
June 01 to 15, 2009 2,607,164 $9.93 to $9.00
May 19 to 29, 2009 2,569,521 $9.60 to $8.82
May 01 to 15, 2009 2,854,238 $9.95 to $9.10
Apr 16 to 30, 2009 3,012,034 $9.25 to $8.02
Apr 01 to 15, 2009 3,460,871 $8.55 to $7.51
Mar 16 to 31, 2009 3,342,112 $8.30 to $7.40
Mar 13, 2009 3,366,825 $8.48 to $7.16
Feb 27, 2009 3,411,543 $8.43 to $7.35
Feb 13, 2009 3,315,556 $9.00 to $8.15
Jan 31, 2009 3,292,082 $8.31 to $7.58
Jan 15, 2009 3,143,669 $8.27 to $6.93
Dec 31, 2008 3,553,183 $8.30 to $6.60
Dec 15, 2008 3,666,162 $7.96 to $6.35
Nov 28, 2008 3,163,159 $8.09 to $6.06