Canadian Tire (TSE:CTC.A) had its price objective hoisted by TD Securities from C$195.00 to C$200.00 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. TD Securities’ price target would suggest a potential upside of 24.46% from the stock’s current price.

CTC.A has been the subject of several other reports. Royal Bank of Canada raised their target price on Canadian Tire from C$190.00 to C$196.00 and gave the company an “outperform” rating in a research report on Wednesday. Barclays raised their target price on Canadian Tire from C$173.00 to C$178.00 in a research report on Monday, November 13th. CIBC raised their target price on Canadian Tire from C$178.00 to C$184.00 in a research report on Monday, November 13th. Eight Capital raised their target price on Canadian Tire from C$175.00 to C$180.00 in a research report on Monday, November 13th. Finally, Scotiabank raised 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 report on Friday, November 10th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$183.55.

Shares of Canadian Tire (CTC.A) opened at C$160.69 on Thursday. The company has a market capitalization of $11,020.00, a price-to-earnings ratio of 15.91 and a beta of 0.71. Canadian Tire has a 12-month low of C$140.17 and a 12-month high of C$175.73.

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About Canadian Tire

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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