Analysts Set Canadian Tire Co. Limited Class A (CTC.A) Target Price at $189.75

Canadian Tire Co. Limited Class A (TSE:CTC.A) has earned an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$189.75.

A number of equities analysts have recently weighed in on CTC.A shares. Canaccord Genuity set a C$172.00 price target on Canadian Tire Co. Limited Class A in a report on Friday, August 10th. Desjardins boosted their price target on Canadian Tire Co. Limited Class A from C$200.00 to C$205.00 in a report on Friday, August 10th. Barclays boosted their price target on Canadian Tire Co. Limited Class A from C$186.00 to C$194.00 in a report on Tuesday, August 7th. BMO Capital Markets cut their price target on Canadian Tire Co. Limited Class A from C$194.00 to C$192.00 in a report on Friday, May 11th. Finally, CIBC cut their price target on Canadian Tire Co. Limited Class A from C$193.00 to C$188.00 in a report on Friday, May 11th.

Shares of TSE CTC.A traded up C$3.05 during trading on Friday, reaching C$165.64. The company had a trading volume of 226,655 shares, compared to its average volume of 241,044. Canadian Tire Co. Limited Class A has a twelve month low of C$140.60 and a twelve month high of C$180.21.

About Canadian Tire Co. Limited Class A

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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Analyst Recommendations for Canadian Tire Co. Limited Class A (TSE:CTC.A)

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