Jean Coutu Group PJC Inc (PJC.A) PT Raised to C$21.00
Jean Coutu Group PJC Inc (TSE:PJC.A) had its price objective upped by TD Securities from C$20.00 to C$21.00 in a research note published on Wednesday morning. TD Securities currently has a hold rating on the stock.
A number of other research firms also recently weighed in on PJC.A. Desjardins raised shares of Jean Coutu Group PJC from a sell rating to a hold rating and boosted their price target for the stock from C$20.00 to C$21.00 in a research note on Wednesday, May 24th. Royal Bank Of Canada reaffirmed an underperform rating and issued a C$20.00 target price on shares of Jean Coutu Group PJC in a research note on Friday, April 21st. National Bank Financial lowered their target price on shares of Jean Coutu Group PJC from C$25.00 to C$24.00 in a research note on Thursday, June 29th. BMO Capital Markets set a C$21.00 target price on shares of Jean Coutu Group PJC and gave the company a market perform rating in a research note on Friday, April 28th. Finally, Barclays PLC lowered their target price on shares of Jean Coutu Group PJC from C$19.00 to C$17.00 and set an underweight rating for the company in a research note on Wednesday, July 5th. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock has an average rating of Hold and an average target price of C$20.55.
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About Jean Coutu Group PJC
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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