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

Canadian Tire Co. Limited (TSE:CTC.A)‘s stock had its “outperform” rating reissued by equities researchers at BMO Capital Markets in a report issued on Friday, May 12th. They presently have a C$179.00 price objective on the stock.

Other equities research analysts have also issued reports about the company. CIBC boosted their target price on Canadian Tire Co. Limited from C$170.00 to C$176.00 in a report on Friday, February 17th. Canaccord Genuity upped their price target 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 upped their price target 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 upped 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. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a C$182.00 target price on shares of Canadian Tire Co. Limited in a research note on Friday, April 21st. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus 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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