Barclays Boosts Canadian Tire (CTC.A) Price Target to C$187.00

Canadian Tire (TSE:CTC.A) had its price objective raised by Barclays from C$180.00 to C$187.00 in a research note released on Monday morning.

Other analysts also recently issued research reports about the company. BMO Capital Markets lifted their target price on Canadian Tire from C$182.00 to C$194.00 in a research note on Friday. Scotiabank lifted their target price on Canadian Tire from C$168.00 to C$176.00 and gave the company a sector perform rating in a research note on Friday, November 10th. National Bank Financial lifted their target price on Canadian Tire from C$181.00 to C$187.00 and gave the company an outperform rating in a research note on Friday. Desjardins lifted their target price on Canadian Tire from C$184.00 to C$200.00 in a research note on Friday. Finally, Canaccord Genuity reaffirmed a buy rating and set a C$190.00 target price on shares of Canadian Tire in a research note on Friday. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Canadian Tire currently has an average rating of Buy and an average price target of C$191.55.

Shares of Canadian Tire (CTC.A) opened at C$174.32 on Monday. The stock has a market capitalization of $11,790.00, a P/E ratio of 16.23 and a beta of 0.71. Canadian Tire has a 1-year low of C$140.60 and a 1-year high of C$175.73.

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Canadian Tire 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.

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

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