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Investment analysts at Barclays lifted their price target on shares of Jean Coutu (TSE:PJC.A) from C$18.00 to C$19.00 in a note issued to investors on Wednesday. The firm currently has an “equal weight” rating on the stock.

The company also recently announced a Quarterly dividend, which is scheduled for Friday, August 8th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.10 per share. This represents a dividend yield of 1.79%. The ex-dividend date is Wednesday, July 23rd.

Separately, analysts at Desjardins raised their price target on shares of Jean Coutu from C$19.00 to C$22.00 in a research note on Friday, May 2nd. Seven investment analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of C$19.93.

The Jean Coutu Group (TSE:PJC) Inc (Jean Coutu Group) operates a network of 399 franchised stores located in the provinces of Quebec, New Brunswick and Ontario under the banners of PJC Jean Coutu, PJC Clinique and PJC Jean Coutu Sante.

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