Canadian Tire Co. Limited (TSE:CTC) was upgraded by investment analysts at Desjardins from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

Separately, National Bank Financial upgraded Canadian Tire Co. Limited from a “sector perform under weight” rating to an “outperfrom under weight” rating in a report on Monday, April 3rd.

Shares of Canadian Tire Co. Limited (CTC) opened at 235.00 on Thursday. Canadian Tire Co. Limited has a 1-year low of $174.00 and a 1-year high of $237.99. The stock has a 50 day moving average of $221.43 and a 200 day moving average of $204.95. The company has a market cap of $16.41 billion and a price-to-earnings ratio of 24.43.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Monday, July 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.11%.

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Canadian Tire Co. Limited Company Profile

Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.

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