Canadian Tire (CTC.A) Given New C$181.00 Price Target at CIBC

Canadian Tire (TSE:CTC.A) had its price target boosted by CIBC from C$179.00 to C$181.00 in a research note released on Friday.

CTC.A has been the topic of a number of other reports. Royal Bank of Canada raised their price target on shares of Canadian Tire from C$200.00 to C$202.00 and gave the company an outperform rating in a research report on Tuesday, July 31st. Raymond James dropped their price target on shares of Canadian Tire from C$198.00 to C$181.00 and set an outperform rating on the stock in a research report on Wednesday. Desjardins raised their price target on shares of Canadian Tire from C$200.00 to C$205.00 in a research report on Friday, August 10th. National Bank Financial reissued an outperform rating and set a C$187.00 price target on shares of Canadian Tire in a research report on Friday, August 10th. Finally, BMO Capital Markets set a C$192.00 price target on shares of Canadian Tire and gave the company an outperform rating in a research report on Tuesday, July 24th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Canadian Tire currently has an average rating of Buy and an average target price of C$187.08.

Shares of CTC.A traded down C$3.46 during trading hours on Friday, reaching C$162.64. 358,848 shares of the stock traded hands, compared to its average volume of 241,044. Canadian Tire has a 52 week low of C$140.60 and a 52 week high of C$180.21.

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.

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Analyst Recommendations for Canadian Tire (TSE:CTC.A)

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