Canadian Tire Co. Limited (TSE:CTC.A) has received a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$178.73.

A number of equities analysts have recently issued reports on the stock. Desjardins raised their target price on shares of Canadian Tire Co. Limited from C$169.00 to C$184.00 in a research report on Friday, August 11th. BMO Capital Markets raised their target price on shares of Canadian Tire Co. Limited from C$179.00 to C$182.00 in a research report on Friday, August 11th. Eight Capital raised their target price on shares of Canadian Tire Co. Limited from C$165.00 to C$170.00 and gave the stock a “buy” rating in a research report on Friday, August 11th. CIBC lowered their target price on shares of Canadian Tire Co. Limited from C$185.00 to C$178.00 and set an “outperform” rating on the stock in a research report on Thursday, August 17th. Finally, National Bank Financial lowered their target price on shares of Canadian Tire Co. Limited from C$178.00 to C$172.00 and set an “outperform” rating on the stock in a research report on Monday, August 14th.

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Canadian Tire Co. Limited Company Profile

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.

Analyst Recommendations for Canadian Tire Co. Limited (TSE:CTC.A)

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