Jean Coutu Group PJC Inc (TSE:PJC.A) Receives Consensus Rating of “Hold” from Analysts
Shares of Jean Coutu Group PJC Inc (TSE:PJC.A) have earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$20.55.
PJC.A has been the topic of several research analyst reports. Royal Bank Of Canada reissued an “underperform” rating and issued a C$20.00 price target on shares of Jean Coutu Group PJC in a report on Friday, April 21st. TD Securities set a C$20.00 price target on shares of Jean Coutu Group PJC and gave the company a “reduce” rating in a report on Sunday, April 30th. CIBC increased 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. Barclays PLC lowered their price target on shares of Jean Coutu Group PJC from C$19.00 to C$17.00 and set an “underweight” rating on the stock in a report on Wednesday, July 5th. Finally, BMO Capital Markets set a C$21.00 price target on shares of Jean Coutu Group PJC and gave the company a “market perform” rating in a report on Friday, April 28th.
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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