A number of other equities analysts have also recently weighed in on the company. Royal Bank of Canada upped their price target on Canadian Tire from C$200.00 to C$202.00 and gave the stock an outperform rating in a report on Tuesday, July 31st. National Bank Financial restated an outperform rating and issued a C$187.00 price target on shares of Canadian Tire in a report on Friday, August 10th. Barclays upped their price target on Canadian Tire from C$186.00 to C$194.00 in a report on Tuesday, August 7th. Desjardins upped their price target on Canadian Tire from C$200.00 to C$205.00 in a report on Friday, August 10th. Finally, CIBC cut their target price on Canadian Tire from C$188.00 to C$179.00 in a research report on Monday, October 29th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of C$187.08.
TSE CTC.A opened at C$162.64 on Wednesday. Canadian Tire has a fifty-two week low of C$140.60 and a fifty-two week high of C$180.21.
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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