Cara Operations (TSE:CARA) had its price objective boosted by Royal Bank of Canada from C$31.00 to C$32.00 in a report issued on Tuesday. Royal Bank of Canada currently has an outperform rating on the stock.

Other equities analysts also recently issued reports about the stock. Raymond James Financial lifted their price objective on shares of Cara Operations from C$26.00 to C$29.00 and gave the stock a market perform rating in a report on Wednesday, January 24th. CIBC lifted their price objective on shares of Cara Operations from C$24.00 to C$28.00 and gave the stock a neutral rating in a report on Wednesday, January 24th. National Bank Financial lifted their price objective on shares of Cara Operations from C$31.00 to C$33.00 and gave the stock an outperform rating in a report on Tuesday. Finally, Scotiabank lifted their price objective on shares of Cara Operations from C$31.50 to C$32.50 and gave the stock an outperform rating in a report on Wednesday, January 24th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Cara Operations has an average rating of Buy and an average target price of C$30.08.

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Shares of Cara Operations (CARA) opened at C$27.91 on Tuesday. Cara Operations has a 52-week low of C$21.20 and a 52-week high of C$28.35. The stock has a market cap of $1,630.00 and a price-to-earnings ratio of 15.77.

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About Cara Operations

Cara Operations Limited operates and franchises full service restaurants. It operates through four segments: Corporate Restaurants, Franchise Restaurants, Food Processing and Distribution, and Central Operations. As of December 25, 2016, the company operated 1,237 restaurants, including 1,183 restaurants in Canada and 54 locations internationally under the Swiss Chalet, Harvey's, St-Hubert, Milestones, Montana's, Kelsey's, East Side Mario's, Casey's, New York Fries, Prime Pubs, Original Joe's, State & Main, Elephant & Castle, Bier Markt, and Landing brand names.

Analyst Recommendations for Cara Operations (TSE:CARA)

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