Eight Capital Increases Canadian Tire Co. Limited (CTC.A) Price Target to C$180.00

Canadian Tire Co. Limited (TSE:CTC.A) had its target price boosted by analysts at Eight Capital from C$175.00 to C$180.00 in a note issued to investors on Monday. Eight Capital’s price objective would suggest a potential upside of 11.26% from the stock’s previous close.

A number of other research firms have also issued reports on CTC.A. Scotiabank raised their price target on Canadian Tire Co. Limited from C$168.00 to C$176.00 and gave the stock a “sector perform” rating in a report on Friday, November 10th. Desjardins raised their price target on Canadian Tire Co. Limited from C$169.00 to C$184.00 in a report on Friday, August 11th. Raymond James Financial, Inc. raised their price target on Canadian Tire Co. Limited from C$180.00 to C$185.00 and gave the stock an “outperform” rating in a report on Friday, August 11th. National Bank Financial lowered 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 Monday, August 14th. Finally, Royal Bank Of Canada lowered 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. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of C$182.00.

Canadian Tire Co. Limited (TSE CTC.A) opened at C$161.79 on Monday. Canadian Tire Co. Limited has a twelve month low of C$135.76 and a twelve month high of C$171.91.

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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.

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

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