Canadian Tire (CTC.A) PT Raised to C$196.00

Canadian Tire (TSE:CTC.A) had its target price increased by Royal Bank of Canada from C$190.00 to C$196.00 in a research note issued to investors on Wednesday morning. They currently have an outperform rating on the stock.

A number of other equities analysts also recently commented on the stock. TD Securities boosted their target price on shares of Canadian Tire from C$190.00 to C$195.00 and gave the stock a buy rating in a research note on Friday, November 10th. National Bank Financial boosted their target price on shares of Canadian Tire from C$179.00 to C$181.00 and gave the stock an outperform rating in a research note on Friday, November 10th. Eight Capital boosted their target price on shares of Canadian Tire from C$175.00 to C$180.00 in a research note on Monday, November 13th. Scotiabank boosted their target price on shares of Canadian Tire from C$168.00 to C$176.00 and gave the stock a sector perform rating in a research note on Friday, November 10th. Finally, Barclays boosted their target price on shares of Canadian Tire from C$173.00 to C$178.00 in a research note on Monday, November 13th. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the stock. Canadian Tire currently has a consensus rating of Buy and an average price target of C$183.55.

Canadian Tire (TSE CTC.A) opened at C$160.69 on Wednesday. The company has a market cap of $11,020.00, a price-to-earnings ratio of 15.91 and a beta of 0.71. Canadian Tire has a 12 month low of C$140.17 and a 12 month high of C$175.73.

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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.

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

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