Jean Coutu Group PJC Inc (PJC.A) Given Reduce Rating at TD Securities
TD Securities reissued their reduce rating on shares of Jean Coutu Group PJC Inc (TSE:PJC.A) in a research report sent to investors on Friday morning. The firm currently has a C$17.50 target price on the stock.
A number of other brokerages have also recently commented on PJC.A. Scotiabank restated a sector perform rating and set a C$19.00 price target on shares of Jean Coutu Group PJC in a research note on Tuesday, July 5th. Royal Bank Of Canada raised their price target on shares of Jean Coutu Group PJC from C$19.00 to C$20.00 and gave the stock a sector perform rating in a research note on Wednesday, September 28th. CIBC restated a sector perform rating and set a C$19.00 price target on shares of Jean Coutu Group PJC in a research note on Wednesday, July 6th. Finally, Dundee Securities restated a neutral rating and set a C$20.00 price target on shares of Jean Coutu Group PJC in a research note on Thursday, September 22nd. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The stock has an average rating of Hold and a consensus target price of C$19.31.
About Jean Coutu Group PJC
The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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