CIBC Cuts Canadian Tire Co. Limited (TSE:CTC.A) Price Target to C$178.00
Canadian Tire Co. Limited (TSE:CTC.A) had its price target lowered by investment analysts at CIBC from C$185.00 to C$178.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock.
Other equities research analysts also recently issued research reports about the company. Desjardins boosted their price objective on Canadian Tire Co. Limited from C$169.00 to C$184.00 in a report on Friday. Eight Capital reiterated a “neutral” rating and issued a C$165.00 price objective on shares of Canadian Tire Co. Limited in a report on Tuesday, May 30th. Royal Bank Of Canada cut their price target on Canadian Tire Co. Limited from C$185.00 to C$184.00 and set an “outperform” rating on the stock in a report on Monday, July 31st. BMO Capital Markets restated an “outperform” rating and set a C$179.00 price target on shares of Canadian Tire Co. Limited in a report on Friday, May 12th. Finally, National Bank Financial cut their price target on Canadian Tire Co. Limited from C$178.00 to C$172.00 and set an “outperform” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$178.73.
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.
Receive News & Ratings for Canadian Tire Co. Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Tire Co. Limited and related companies with MarketBeat.com's FREE daily email newsletter.