Canadian Tire Co. Limited (CTC.A) Given New C$185.00 Price Target at Royal Bank of Canada

Canadian Tire Co. Limited (TSE:CTC.A) had its price target increased by Royal Bank of Canada from C$182.00 to C$185.00 in a report released on Friday. They currently have an outperform rating on the stock.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets raised their target price on Canadian Tire Co. Limited from C$159.00 to C$170.00 in a research note on Friday, February 17th. CIBC raised their target price on Canadian Tire Co. Limited from C$170.00 to C$176.00 in a research note on Friday, February 17th. Canaccord Genuity raised their target price on Canadian Tire Co. Limited from C$149.00 to C$173.00 and gave the company a buy rating in a research note on Friday, February 17th. TD Securities raised their target price on Canadian Tire Co. Limited from C$180.00 to C$190.00 and gave the company a buy rating in a research note on Monday, February 13th. Finally, Desjardins raised their target price on Canadian Tire Co. Limited from C$164.00 to C$169.00 and gave the company a hold rating in a research note on Friday, February 17th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and an average target price of C$174.20.

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

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About Canadian Tire Co. Limited

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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