Canadian Tire Co. Limited (CTC.A) Receives C$173.27 Average Target Price from Analysts
Canadian Tire Co. Limited (TSE:CTC.A) has received a consensus recommendation of “Buy” from the eleven research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$173.27.
Several equities analysts have recently weighed in on CTC.A shares. Royal Bank Of Canada reiterated an “outperform” rating and set a C$182.00 price objective on shares of Canadian Tire Co. Limited in a report on Friday, April 21st. TD Securities reiterated a “buy” rating and set a C$190.00 price objective on shares of Canadian Tire Co. Limited in a report on Wednesday, May 3rd. Barclays PLC upped their target price on shares of Canadian Tire Co. Limited from C$167.00 to C$180.00 and gave the stock an “overweight” rating in a report on Monday, May 8th. BMO Capital Markets restated an “outperform” rating and issued a C$179.00 target price on shares of Canadian Tire Co. Limited in a report on Friday, May 12th. Finally, Raymond James Financial, Inc. upped their target price on shares of Canadian Tire Co. Limited from C$175.00 to C$180.00 and gave the stock an “outperform” rating in a report on Friday, May 12th.
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About Canadian Tire Co. Limited
Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.
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