Canadian Tire Co. Limited’s (CTC.A) Outperform Rating Reiterated at BMO Capital Markets

BMO Capital Markets reissued their outperform rating on shares of Canadian Tire Co. Limited (TSE:CTC.A) in a research report report published on Friday morning. BMO Capital Markets currently has a C$179.00 target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. TD Securities upped their price target on shares of Canadian Tire Co. Limited from C$180.00 to C$190.00 and gave the stock a buy rating in a research report on Sunday, February 19th. Scotiabank increased their target price on shares of Canadian Tire Co. Limited from C$150.00 to C$168.00 and gave the company a sector perform rating in a research report on Friday, February 17th. Desjardins increased their target price on shares of Canadian Tire Co. Limited from C$164.00 to C$169.00 and gave the company a hold rating in a research report on Friday, February 17th. CIBC increased their target price on shares of Canadian Tire Co. Limited from C$170.00 to C$176.00 in a research report on Friday, February 17th. Finally, Royal Bank of Canada increased their target price on shares of Canadian Tire Co. Limited from C$177.00 to C$182.00 and gave the company an outperform rating in a research report on Friday, February 17th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of C$174.20.

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

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Canadian Tire Co. Limited Company Profile

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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