Jean Coutu Group PJC Inc (PJC.A) Rating Reiterated by Royal Bank Of Canada
Jean Coutu Group PJC Inc (TSE:PJC.A)‘s stock had its “sector perform” rating reissued by investment analysts at Royal Bank Of Canada in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. They presently have a C$20.00 price target on the stock.
Several other research analysts also recently commented on PJC.A. TD Securities reaffirmed a “reduce” rating and issued a C$17.50 price target on shares of Jean Coutu Group PJC in a research note on Monday, July 18th. CIBC reaffirmed a “sector perform” rating and issued a C$19.00 price target on shares of Jean Coutu Group PJC in a research note on Wednesday, July 6th. Scotiabank reaffirmed a “sector perform” rating and issued a C$19.00 price target on shares of Jean Coutu Group PJC in a research note on Tuesday, July 5th. Finally, Dundee Securities reaffirmed a “neutral” rating and issued a C$20.00 price target on shares of Jean Coutu Group PJC in a research note on Thursday, September 22nd. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of C$19.31.
Jean Coutu Group PJC Company Profile
The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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