Canadian Tire Co. Limited (TSE:CTC.A) had its target price lifted by equities researchers at Barclays PLC from C$173.00 to C$178.00 in a research report issued on Monday. Barclays PLC’s price target suggests a potential upside of 9.16% from the company’s previous close.

Several other research firms also recently commented on CTC.A. CIBC raised their price objective on shares of Canadian Tire Co. Limited from C$178.00 to C$184.00 in a report on Monday. Eight Capital raised their price objective on shares of Canadian Tire Co. Limited from C$175.00 to C$180.00 in a report on Monday. TD Securities raised their price objective on shares of Canadian Tire Co. Limited from C$190.00 to C$195.00 and gave the stock a “buy” rating in a report on Friday. Scotiabank raised their price objective on shares of Canadian Tire Co. Limited from C$168.00 to C$176.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, National Bank Financial raised their price objective on shares of Canadian Tire Co. Limited from C$179.00 to C$181.00 and gave the stock an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of C$182.00.

Shares of Canadian Tire Co. Limited (TSE:CTC.A) traded up C$1.18 during mid-day trading on Monday, hitting C$163.07. 180,797 shares of the stock traded hands, compared to its average volume of 167,834. Canadian Tire Co. Limited has a 12 month low of C$135.76 and a 12 month high of C$171.91.

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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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