Shoppers Drug Mart (TSX SC) added Mar 30, 2010
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The Company was founded in 1962 by Toronto pharmacist Murray Koffler, who believed that it was possible to build a national organization of pharmacies without sacrificing the personalized service of the local community pharmacist. This vision is the cornerstone of the Shoppers Drug Mart/Pharmaprix Associate Concept and has helped build a brand that is synonymous with exceptional service, value and trust. Today, there are more than 1,219 Shoppers Drug Mart/Pharmaprix retail drug stores owned and operated by the Company’s licensed Associates, incorporating a strong sense of pride, professionalism and community spirit at each location.
With fiscal 2009 sales of $10.0 billion, the Company is the leading player in Canada’s retail drugstore marketplace and is the number one provider of pharmacy products and services. The Company’s licensed stores are located in prime locations in each province and two territories, making Shoppers stores among the most convenient retail outlets in Canada. The Company also owns and operates 66 Shoppers Home Health Care® stores, making it the largest Canadian retailer of home health care products and services.
In addition to its retail store network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.
Recent News: SHOPPERS DRUG MART CORPORATION ANNOUNCES FOURTH QUARTER RESULTS
UPDATE 1-Court ruling on private-label drugs lift Shoppers
UPDATE - Shoppers Drug profit rises, outlook cloudy
UPDATE - Shoppers Drug "strongly opposed" to Ontario reform
Keith Howlett ...........…Desjardins Securities…..Feb 11, 2011
Upgraded to BUY from HOLD
Target raised to $43.00 from $39.00 C
SC Price day before:$38.54Finish day posting$39.38Current:39.38C
------Nov 11, 2010-------
Maintained HOLD
Target raised to $39.00 from $38.00 C
SC Price day before:$38.61Finish day posting$38.30Current:39.38C
------Apr 29, 2010--------
Upgraded to HOLD from SELL
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-------Apr 08, 2010-----
Downgraded to SELL from HOLD
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
------Feb 12, 2010-----
Target reduced to $50.00 from $51.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Peter Sklar …....…BMO Capital Markets…..Feb 11, 2011
Target raised to $42.00 from $40.00 C
SC Price day before:$38.54Finish day posting$39.38Current:39.38C
-------Nov 11, 2010--------
Maintained MARKET PERFORM
Target raised to $40.00 from $38.00 C
SC Price day before:$38.61Finish day posting$38.30Current:39.38C
------Sept 16, 2010----
New MARKET PERFORM
Target $38.00 C
SC Price day before:$37.21Finish day posting$37.32Current:39.38C
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Perry Caicco…...........…CIBC World Markets…Feb 11, 2011
Target raised to $42.00 from $40.00 C
SC Price day before:$38.54Finish day posting$39.38Current:39.38C
-------Apr 29, 2010--------
Target reduced to $40.00 from $43.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-------Feb 12, 2010-------
Target reduced to $47.00 from $49.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Winston Lee …....…Credit Suisse…..Feb 08, 2011
Upgraded to OUTPERFORM from NEUTRAL
Target raised to $45.00 from $40.00 C
SC Price day before:$38.28Finish day posting$38.38Current:39.38C
------Nov 11, 2010-----
Maintained NEUTRAL
Target raised to $40.00 from $38.00 C
SC Price day before:$38.61Finish day posting$38.30Current:39.38C
------June 08, 2010-------
Maintained NEUTRAL
Target reduced to $38.00 from $42.00 C(Target Hit)
SC Price day before:$35.50Finish day posting$34.56Current:39.38C
-------Apr 08, 2010-------
Downgraded to NEUTRAL from OUTPERFORM
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
------Feb 12, 2010-----
Target reduced to $50.00 from $51.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Robert Gibson …...........Octagon…....Feb 07, 2011
Upgraded to BUY from SELL
Target raised to $46.00 from $33.00 C
SC Price day before:$38.77Finish day posting$38.28Current:39.38C
------Oct 05, 2010---
Downgraded to SELL from HOLD
Target $33.00 C
SC Price day before:$39.32Finish day posting$38.89Current:39.38C
------Apr 29, 2010--------
Downgraded to HOLD from BUY
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
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Michael Van Aelst …....…TD Newcrest…..Feb 07, 2011
Maintained HOLD
Target raised to $43.00 from $42.00 C
SC Price day before:$38.77Finish day posting$38.28Current:39.38C
------Nov 08, 2010----
Maintained HOLD
Target raised to $40.00 from $38.00 C
SC Price day before:$38.56Finish day posting$38.58Current:39.38C
----------July 23, 2010--------
Maintained HOLD
Target reduced to $38.00 from $39.00 C(Target Hit)
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
------Apr 29, 2010------
Maintained HOLD
Target reduced to $39.00 from $40.00C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-----Apr 08, 2010-----
Downgraded to HOLD from BUY
Target reduced to $40.00 from $52.00C
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
-----Mar 29, 2010-----
Maintained BUY
Target $52.00C
SC Price day before:$43.59Finish day posting$43.45Current:39.38C
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Candice Williams …....…Canaccord/Genuity…..Feb 07, 2011
Maintained HOLD
Target $38.00C
SC Price day before:$38.77Finish day posting$38.28Current:39.38C
-----July 23, 2010-----
Maintained HOLD
Target $38.00C (Target Hit )
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
------July 12, 2010------
Maintained HOLD
Target $38.00C
SC Price day before:$35.89Finish day posting$36.74Current:39.38C
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Irene Nattel…...........…RBC Capital Markets…...Jan 27, 2011
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $42.00 from $47.00 C
SC Price day before:$39.18Finish day posting$37.19Current:39.38C
--------Apr 26, 2010---------
Maintained OUTPERFORM
Target reduced to $47.00 from $48.00C
SC Price day before:$37.45Finish day posting$37.37Current:39.38C
------Apr 08, 2010------
Maintained OUTPERFORM
Target reduced to $48.00 from $52.00C
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
------Feb 08, 2010-------
Target reduced to $52.00 from $56.00 C
SC Price day before:$43.12Finish day posting$42.79Current:39.38C
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James Durran …...........Bank National…....Jan 27, 2011
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $39.00 from $43.00 C
SC Price day before:$39.18Finish day posting$37.19Current:39.38C
---------Oct 05, 2010------
Target raised to $43.00 from $41.00 C
SC Price day before:$38.92Finish day posting$39.37Current:39.38C
-------July 23, 2010------
Target reduced to $41.00 from $43.00 C
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
------Apr 29, 2010-----
Target reduced to $43.00 from $48.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-----Feb 12, 2010----
Target reduced to $53.00 from $54.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Kenric Tyghe...........…Raymond James….....Nov 11, 2010
Maintained MARKET PERFORM
Target raised to $40.00 from $39.00 C
SC Price day before:$38.61Finish day posting$38.30Current:39.38C
-------July 23, 2010------
Maintained MARKET PERFORM
Target reduced to $39.00 from $42.00 C (Target Hit)
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
---------Apr 29, 2010------
Maintained MARKET PERFORM
Target reduced to $42.00 from $45.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
------Apr 08, 2010----
Downgraded to MARKET PERFORM from OUTPERFORM
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
-------Mar 10, 2010-----
New OUTPERFORM
Target $50.00 C
SC Price day before:$44.14Finish day posting$44.67Current:39.38C
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James Durran …...........Bank National…....Oct 05, 2010
Target raised to $43.00 from $41.00 C
SC Price day before:$38.92Finish day posting$39.37Current:39.38C
-------July 23, 2010------
Target reduced to $41.00 from $43.00 C
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
------Apr 29, 2010-----
Target reduced to $43.00 from $48.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-----Feb 12, 2010----
Target reduced to $53.00 from $54.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Vishal Shreedhar …....…UBS…..Oct 01, 2010
Target raised to $45.00 from $40.00 C
SC Price day before:$39.99Finish day posting$38.82Current:39.38C
------June 08, 2010------
Target reduced to $40.00 from $42.00 C (Target Hit Sept 29, 2010)
SC Price day before:$35.50Finish day posting$34.56Current:39.38C
------Apr 29, 2010-------
Target reduced to $42.00 from $49.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
--------Feb 12, 2010-----
Target reduced to $49.00 from $50.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Patricia Baker ..........…Scotia Capital….....Aug 03, 2010
Maintained OUTPERFORM
Target $48.00 C
SC Price day before:$35.07Finish day posting$34.95Current:39.38C
-------July 23, 2010------
Target $48.00 C
SC Price day before:$35.60Finish day posting$34.07Current:39.38C
------Apr 29, 2010------
Target reduced to $48.00 from $54.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
--------Feb 12, 2010------
Target reduced to $54.00 from $57.50 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Steven Halper…...........…Thomas Weisel…...Apr 29, 2010
Maintained OVERWEIGHT
Target reduced to $43.00 from $48.00 C
SC Price day before:$36.15Finish day posting$35.48Current:39.38C
-------Apr 08, 2010-------
Maintained OVERWEIGHT
Target reduced to $48.00 from $50.00C
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
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Robert Cavallo...........…Mackie Capital Research…Apr 08, 2010
Target reduced to $48.00 from $51.00 C
SC Price day before:$43.17Finish day posting$38.92Current:39.38C
-----Feb 12, 2010----
Target reduced to $51.00 from $54.00 C
SC Price day before:$42.75Finish day posting$43.45Current:39.38C
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Shoppers Drug Mart
Short Positions
Date Outstanding Price Range
HELP US HELP YOU
Made money in the past ....Get us monitoring Shoppers Drug Mart again
Sept 16 to 30, 2010 $40.46 to $36.82
Sept 01 to 15, 2010 3.53 million $37.48 to $36.01
Aug 16 to 31, 2010 4.78 million $36.61 to $34.11
Aug 01 to 15, 2010 4.67 million $35.62 to $34.22
July 16 to 30, 2010 4.77 million $36.38 to $33.55
July 01 to 15, 2010 4.36 million $37.09 to $32.65
June 16 to 30, 2010 3,059,651 $35.34 to $32.57
June 01 to 15, 2010 3,168,795 $36.26 to $33.96
May 16 to 31, 2010 3,476,780 $36.98 to $34.70
May 01 to 15, 2010 4,824,014 $37.78 to $34.93
Apr 16 to 30, 2010 4,758,613 $38.09 to $34.98
Apr 01 to 15, 2010 3,948,776 $43.76 to $36.00
Mar 16 to 31, 2010 3,378,295 $44.90 to $42.24
Mar 01 to 15, 2010 3,391,841 $45.05 to $43.78
Feb 16 to 28, 2010 3,643,156 $45.04 to $43.70