Canadian Tire Co. Limited (TSE:CTC.A) had its target price increased by National Bank Financial from C$179.00 to C$181.00 in a research report released on Friday. The firm currently has an outperform rating on the stock.
A number of other equities research analysts have also recently weighed in on the company. Scotiabank set a C$168.00 price objective on Canadian Tire Co. Limited and gave the stock a sector perform rating in a research note on Monday, September 25th. Royal Bank of Canada decreased their price target on Canadian Tire Co. Limited from C$185.00 to C$184.00 and set an outperform rating for the company in a research note on Monday, July 31st. CIBC decreased their price target on Canadian Tire Co. Limited from C$185.00 to C$178.00 and set an outperform rating for the company in a research note on Thursday, August 17th. Raymond James Financial, Inc. increased their price target on Canadian Tire Co. Limited from C$180.00 to C$185.00 and gave the company an outperform rating in a research note on Friday, August 11th. Finally, Desjardins increased their price target on Canadian Tire Co. Limited from C$169.00 to C$184.00 in a research note on Friday, August 11th. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of C$180.73.
Shares of Canadian Tire Co. Limited (TSE CTC.A) traded down C$0.53 during midday trading on Friday, hitting C$161.89. The company had a trading volume of 220,711 shares, compared to its average volume of 174,256. Canadian Tire Co. Limited has a 1 year low of C$134.55 and a 1 year high of C$171.91.
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About Canadian Tire Co. Limited
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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