Canadian Tire (CTC.A) Price Target Raised to C$193.00 at Barclays

Canadian Tire (TSE:CTC.A) had its price objective boosted by Barclays from C$190.00 to C$193.00 in a research report report published on Friday.

CTC.A has been the topic of a number of other reports. Royal Bank of Canada lifted their target price on Canadian Tire from C$200.00 to C$202.00 and gave the stock an outperform rating in a research report on Tuesday, July 31st. Raymond James decreased their target price on Canadian Tire from C$198.00 to C$181.00 and set an outperform rating on the stock in a research report on Wednesday. Desjardins lifted their target price on Canadian Tire from C$200.00 to C$205.00 in a research report on Friday, August 10th. National Bank Financial reissued an outperform rating and set a C$187.00 target price on shares of Canadian Tire in a research report on Friday, August 10th. Finally, BMO Capital Markets set a C$192.00 target price on Canadian Tire and gave the stock an outperform rating in a research report on Tuesday, July 24th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of C$187.08.

CTC.A stock traded down C$3.46 during trading on Friday, reaching C$162.64. 358,848 shares of the stock were exchanged, compared to its average volume of 241,044. Canadian Tire has a twelve month low of C$140.60 and a twelve month high of C$180.21.

About Canadian Tire

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 (TSE:CTC.A)

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