Jean Coutu Group PJC Inc (TSE:PJC.A) Price Target Cut to C$17.00
Jean Coutu Group PJC Inc (TSE:PJC.A) had its price target reduced by Barclays PLC from C$19.00 to C$17.00 in a report released on Wednesday, July 5th. They currently have an underweight rating on the stock.
Several other equities research analysts also recently weighed in on PJC.A. TD Securities set a C$20.00 price target on Jean Coutu Group PJC and gave the stock a reduce rating in a research report on Sunday, April 30th. Scotiabank increased their price target on Jean Coutu Group PJC from C$19.00 to C$22.50 and gave the stock a sector perform rating in a research report on Friday, April 28th. CIBC increased their target price on shares of Jean Coutu Group PJC from C$19.00 to C$22.00 in a research note on Friday, April 28th. BMO Capital Markets set a C$21.00 target price on shares of Jean Coutu Group PJC and gave the stock a market perform rating in a research note on Friday, April 28th. Finally, Desjardins lowered shares of Jean Coutu Group PJC from a hold rating to a sell rating and lowered their target price for the stock from C$21.00 to C$20.00 in a research note on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock has an average rating of Hold and an average price target of C$20.55.
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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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