Jean Coutu Group PJC Inc (PJC.A) Stock Rating Reaffirmed by Dundee Securities
Jean Coutu Group PJC Inc (TSE:PJC.A)‘s stock had its “neutral” rating restated by analysts at Dundee Securities in a research note issued on Thursday, StockTargetPrices.com reports. They currently have a C$20.00 price objective on the stock.
Several other equities research analysts have also commented on the stock. TD Securities restated a “reduce” rating and set a C$17.50 target price on shares of Jean Coutu Group PJC in a research report on Monday, July 18th. Royal Bank Of Canada decreased their target price on shares of Jean Coutu Group PJC from C$20.00 to C$19.00 and set a “sector perform” rating on the stock in a research report on Wednesday, July 6th. CIBC reiterated a “sector perform” rating and issued a C$19.00 price objective on shares of Jean Coutu Group PJC in a research report on Wednesday, July 6th. Finally, Scotiabank reiterated a “sector perform” rating and issued a C$19.00 price objective on shares of Jean Coutu Group PJC in a research report on Tuesday, July 5th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of C$19.19.
About Jean Coutu Group PJC
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The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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