Eight Capital Reiterates “Neutral” Rating for Canadian Tire Co. Limited (CTC.A)

Eight Capital Reiterates “Neutral” Rating for Canadian Tire Co. Limited (CTC.A)

Several other analysts also recently weighed in on the stock. Barclays PLC lifted their target price on shares of Canadian Tire Co. Limited from C$167.00 to C$180.00 and gave the company an “overweight” rating in a report on Monday, May 15th. CIBC lifted their target price on shares of Canadian Tire Co. Limited from C$176.00 to C$185.00 in a report on Friday, May 12th. Raymond James Financial, Inc. lifted their target price on shares of Canadian Tire Co. Limited from C$175.00 to C$180.00 and gave the company an “outperform” rating in a report on Friday, May 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$179.00 target price on shares of Canadian Tire Co. Limited in a report on Friday, May 12th. Finally, Royal Bank of Canada lifted their target price on shares of Canadian Tire Co. Limited from C$182.00 to C$185.00 and gave the company an “outperform” rating in a report on Friday, May 12th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Canadian Tire Co. Limited currently has an average rating of “Buy” and a consensus target price of C$173.36.

Canadian Tire Co. Limited (TSE:CTC.A)‘s stock had its “neutral” rating reaffirmed by stock analysts at Eight Capital in a note issued to investors on Tuesday. They currently have a C$165.00 price objective on the stock.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:CTC.A”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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