Royal Bank Of Canada Boosts Canadian Tire Co. Limited (CTC.A) Price Target to C$185.00

Canadian Tire Co. Limited (TSE:CTC.A) had its price target hoisted by research analysts at Royal Bank Of Canada from C$182.00 to C$185.00 in a research note issued on Friday, May 12th. The firm currently has an “outperform” rating on the stock.

Several other research analysts have also recently weighed in on CTC.A. TD Securities boosted their price target on shares of Canadian Tire Co. Limited from C$180.00 to C$190.00 and gave the company a “buy” rating in a research report on Monday, February 13th. Scotiabank restated a “sector perform” rating and issued a C$150.00 price objective on shares of Canadian Tire Co. Limited in a report on Thursday, February 9th. Raymond James Financial, Inc. restated an “outperform” rating and issued a C$165.00 price objective on shares of Canadian Tire Co. Limited in a report on Thursday, February 9th. BMO Capital Markets boosted their price objective on shares of Canadian Tire Co. Limited from C$159.00 to C$170.00 in a report on Friday, February 17th. Finally, Canaccord Genuity boosted their price objective on shares of Canadian Tire Co. Limited from C$149.00 to C$173.00 and gave the company a “buy” rating in a report on Friday, February 17th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of C$173.36.

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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