Shares of Canadian Tire Co. Limited (TSE:CTC.A) have earned a consensus rating of “Buy” from the eleven brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$173.36.

A number of analysts recently commented on the company. Desjardins upgraded Canadian Tire Co. Limited from a “hold” rating to a “buy” rating and set a C$169.00 price objective for the company in a research report on Thursday, June 15th. Eight Capital reiterated a “neutral” rating and set a C$165.00 price objective on shares of Canadian Tire Co. Limited in a research report on Tuesday, May 30th. Barclays PLC upped their price target on Canadian Tire Co. Limited from C$167.00 to C$180.00 and gave the stock an “overweight” rating in a research report on Monday, May 15th. CIBC upped their price target on Canadian Tire Co. Limited from C$176.00 to C$185.00 in a research report on Friday, May 12th. Finally, Raymond James Financial, Inc. upped their price target on Canadian Tire Co. Limited from C$175.00 to C$180.00 and gave the stock an “outperform” rating in a research report on Friday, May 12th.

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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.

Analyst Recommendations for Canadian Tire Co. Limited (TSE:CTC.A)

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