Jean Coutu Group PJC Inc (TSE:PJC.A) had its price objective boosted by TD Securities from C$20.00 to C$21.00 in a research report issued on Wednesday, July 12th. The brokerage currently has a “hold” rating on the stock.
Other research analysts have also issued research reports about the company. Royal Bank Of Canada reaffirmed an “underperform” rating and set a C$20.00 price target on shares of Jean Coutu Group PJC in a research report on Friday, April 21st. CIBC boosted their target price on Jean Coutu Group PJC from C$19.00 to C$22.00 in a report on Friday, April 28th. Barclays PLC decreased their target price on Jean Coutu Group PJC from C$19.00 to C$17.00 and set an “underweight” rating on the stock in a report on Wednesday, July 5th. BMO Capital Markets set a C$21.00 target price on Jean Coutu Group PJC and gave the stock a “market perform” rating in a report on Friday, April 28th. Finally, Desjardins raised Jean Coutu Group PJC from a “sell” rating to a “hold” rating and upped their price objective for the company from C$20.00 to C$21.00 in a report on Wednesday, May 24th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The company presently has an average rating of “Hold” and a consensus 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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