Canadian Tire Co. Limited (CTC.A) Price Target Raised to C$185.00 at CIBC

Canadian Tire Co. Limited (TSE:CTC.A) had its price objective increased by CIBC from C$176.00 to C$185.00 in a report issued on Friday.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets raised their price objective on Canadian Tire Co. Limited from C$159.00 to C$170.00 in a report on Friday, February 17th. Canaccord Genuity lifted their target price on Canadian Tire Co. Limited from C$149.00 to C$173.00 and gave the stock a buy rating in a report on Friday, February 17th. TD Securities lifted their target price on Canadian Tire Co. Limited from C$180.00 to C$190.00 and gave the stock a buy rating in a report on Monday, February 13th. Desjardins lifted their target price on Canadian Tire Co. Limited from C$164.00 to C$169.00 and gave the stock a hold rating in a report on Friday, February 17th. Finally, Raymond James Financial, Inc. reaffirmed an outperform rating and set a C$165.00 target price on shares of Canadian Tire Co. Limited in a report on Thursday, February 9th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of C$174.20.

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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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