Share on StockTwits

Shares of Canadian Tire Co. Limited (TSE:CTC.A) have received a consensus recommendation of “Buy” from the eleven ratings firms that are currently covering the stock, ARN reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$123.89.

Several analysts have recently commented on the stock. Analysts at TD Securities raised their price target on shares of Canadian Tire Co. Limited from C$130.00 to C$135.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at National Bank Financial raised their price target on shares of Canadian Tire Co. Limited from C$118.00 to C$126.00 in a research note on Friday. They now have an “outperform” rating on the stock. Finally, analysts at NBF raised their price target on shares of Canadian Tire Co. Limited from C$118.00 to C$126.00 in a research note on Friday. They now have an “outperform” rating on the stock.

Canadian Tire Corporation, Limited comprises two main business operations that offer a range of retail goods and services, including general merchandise, clothing, sporting goods, petroleum and financial services.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.