Tim Hortons Now Covered by Analysts at Longbow Research (THI)
Stock analysts at Longbow Research started coverage on shares of Tim Hortons (NYSE:THI) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
A number of other analysts have also recently weighed in on THI. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Tim Hortons in a research note to investors on Friday, December 20th. Separately, analysts at Zacks downgraded shares of Tim Hortons from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 13th. They now have a $64.90 price target on the stock. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $63.59.
Tim Hortons (NYSE:THI) traded up 0.21% on Friday, hitting $51.56. 288,178 shares of the company’s stock traded hands. Tim Hortons has a 52 week low of $47.76 and a 52 week high of $61.46. The stock has a 50-day moving average of $55.05 and a 200-day moving average of $57.33. The company has a market cap of $7.584 billion and a price-to-earnings ratio of 18.23.
Tim Hortons Inc is a quick service restaurant chain in North America. The Company’s menu includes coffee, espresso-based hot and cold specialty drinks, including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including its trademark donuts.
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