Jean Coutu Group PJC Inc (PJC.A) Given Consensus Rating of “Hold” by Brokerages
Shares of Jean Coutu Group PJC Inc (TSE:PJC.A) have been given an average recommendation of “Hold” by the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$20.55.
PJC.A has been the subject of a number of recent analyst reports. TD Securities raised their price target on shares of Jean Coutu Group PJC from C$18.00 to C$20.00 in a report on Monday, April 17th. CIBC raised their price target on shares of Jean Coutu Group PJC from C$19.00 to C$22.00 in a report on Friday, April 28th. National Bank Financial lowered their price target on shares of Jean Coutu Group PJC from C$25.00 to C$24.00 in a report on Thursday, June 29th. Eight Capital lowered their price target on shares of Jean Coutu Group PJC from C$23.00 to C$21.00 in a report on Thursday, July 6th. Finally, Desjardins raised shares of Jean Coutu Group PJC from a “sell” rating to a “hold” rating and raised their price target for the company from C$20.00 to C$21.00 in a report on Wednesday, May 24th.
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About Jean Coutu Group PJC
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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