Cara Operations Ltd (TSE:CAO)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Monday, reports. They presently have a C$34.00 price objective on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 20.52% from the stock’s current price.

CAO has been the subject of several other research reports. CIBC increased their price objective on shares of Cara Operations from C$28.50 to C$29.00 and gave the company a “sector perform” rating in a report on Monday, August 8th. Scotiabank increased their price target on shares of Cara Operations from C$32.00 to C$33.50 and gave the company an “outperform” rating in a report on Friday, September 2nd. Finally, National Bank Financial reaffirmed an “outperform” rating and issued a C$34.00 price target on shares of Cara Operations in a report on Wednesday, September 7th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of C$32.93.

Analyst Recommendations for Cara Operations (TSE:CAO)

Cara Operations (TSE:CAO) traded down 0.04% during mid-day trading on Monday, reaching $28.23. The company’s stock had a trading volume of 953 shares. Cara Operations has a one year low of $22.85 and a one year high of $36.98. The stock has a market cap of $1.39 billion and a P/E ratio of 13.46. The firm’s 50 day moving average is $29.05 and its 200-day moving average is $29.77.

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Cara Operations Company Profile

Cara Operations Limited is a Canada-based full service restaurant operator and franchisor. The Company operates through three segments: corporate restaurants, franchise restaurants and central operations. The corporate restaurant segment includes the operations of the Company-owned restaurants, which generate revenues from the direct sale of prepared food and beverages to customers.

Stock Target Prices

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