Canadian Tire Co. Limited (TSE:CTC.A) had its target price reduced by investment analysts at Royal Bank Of Canada from C$185.00 to C$184.00 in a note issued to investors on Monday, July 31st. The firm currently has an “outperform” rating on the stock.
Several other brokerages have also recently weighed in on CTC.A. Barclays PLC raised their price target on shares of Canadian Tire Co. Limited from C$167.00 to C$180.00 and gave the stock an “overweight” rating in a research note on Monday, May 8th. Eight Capital reaffirmed a “neutral” rating and set a C$165.00 price target on shares of Canadian Tire Co. Limited in a research note on Tuesday, May 30th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$179.00 price target on shares of Canadian Tire Co. Limited in a research note on Friday, May 12th. CIBC increased their price objective on Canadian Tire Co. Limited from C$176.00 to C$185.00 in a report on Friday, May 12th. Finally, TD Securities reissued a “buy” rating and issued a C$190.00 price objective on shares of Canadian Tire Co. Limited in a report on Wednesday, May 3rd. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. Canadian Tire Co. Limited has a consensus rating of “Buy” and an average price target of C$178.73.
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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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