Canadian Tire Co. Limited (CTC.A) Given Consensus Rating of “Buy” by Analysts
Shares of Canadian Tire Co. Limited (TSE:CTC.A) have earned an average recommendation of “Buy” from the eleven research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$182.00.
Several equities analysts have recently commented on the company. Eight Capital increased their target price on Canadian Tire from C$175.00 to C$180.00 in a research note on Monday, November 13th. BMO Capital Markets increased their target price on Canadian Tire from C$179.00 to C$182.00 in a research note on Friday, August 11th. TD Securities increased their target price on Canadian Tire from C$190.00 to C$195.00 and gave the company a “buy” rating in a research note on Friday, November 10th. National Bank Financial reduced their target price on Canadian Tire from C$178.00 to C$172.00 and set an “outperform” rating for the company in a research note on Tuesday, August 8th. Finally, CIBC increased their target price on Canadian Tire from C$178.00 to C$184.00 in a research note on Monday, November 13th.
Canadian Tire (TSE:CTC.A) opened at C$161.72 on Monday. Canadian Tire has a fifty-two week low of C$137.07 and a fifty-two week high of C$171.91.
Canadian Tire 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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