Canadian Tire Co. Limited (CTC.A) Given New C$172.00 Price Target at National Bank Financial
Canadian Tire Co. Limited (TSE:CTC.A) had its price target cut by research analysts at National Bank Financial from C$178.00 to C$172.00 in a research report issued on Tuesday. The firm currently has an “outperform” rating on the stock.
A number of other analysts have also recently weighed in on the stock. Royal Bank Of Canada cut their price objective on shares of Canadian Tire Co. Limited from C$185.00 to C$184.00 and set an “outperform” rating on the stock in a report on Monday, July 31st. Desjardins raised shares of Canadian Tire Co. Limited from a “hold” rating to a “buy” rating and set a C$169.00 price objective on the stock in a report on Thursday, June 15th. Eight Capital reissued a “neutral” rating and set a C$165.00 price objective on shares of Canadian Tire Co. Limited in a report on Tuesday, May 30th. Barclays PLC raised their price objective on shares of Canadian Tire Co. Limited from C$167.00 to C$180.00 and gave the stock an “overweight” rating in a report on Monday, May 15th. Finally, CIBC raised their price objective on shares of Canadian Tire Co. Limited from C$176.00 to C$185.00 in a report on Friday, May 12th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of C$176.82.
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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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