Cara Operations Ltd (CARA) Given a C$32.00 Price Target by Scotiabank Analysts
Cara Operations Ltd (TSE:CARA) received a C$32.00 price objective from analysts at Scotiabank in a research note issued on Thursday. The firm currently has an “outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 25.10% from the company’s previous close.
Separately, CIBC reduced their target price on Cara Operations from C$29.00 to C$28.00 in a research note on Friday, November 11th.
Cara Operations (TSE:CARA) opened at 25.58 on Thursday. The stock has a 50 day moving average price of $26.54 and a 200-day moving average price of $28.70. Cara Operations has a 1-year low of $22.85 and a 1-year high of $34.19. The company has a market cap of $1.50 billion and a price-to-earnings ratio of 12.87.
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