Jean Coutu Group PJC Inc (TSE:PJC.A) had its price objective decreased by Barclays PLC from C$19.00 to C$17.00 in a research note published on Wednesday. Barclays PLC currently has an underweight rating on the stock.
PJC.A has been the subject of several other research reports. Royal Bank of Canada reaffirmed an underperform rating and issued a C$20.00 target price on shares of Jean Coutu Group PJC in a research note on Friday, April 21st. TD Securities set a C$20.00 target price on Jean Coutu Group PJC and gave the stock a reduce rating in a research note on Sunday, April 30th. CIBC upped their target price on Jean Coutu Group PJC from C$19.00 to C$22.00 in a research note on Friday, April 28th. BMO Capital Markets set a C$21.00 target price on Jean Coutu Group PJC and gave the stock a market perform rating in a research note on Friday, April 28th. Finally, Scotiabank upped their target price on Jean Coutu Group PJC from C$19.00 to C$22.50 and gave the stock a sector perform rating in a research note on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The stock currently has an average rating of Hold and an average target price of C$20.75.
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About Jean Coutu Group PJC
The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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