National Bank Financial Lowers Canadian Tire (CTC.A) Price Target to C$179.00

Canadian Tire (TSE:CTC.A) had its target price cut by equities researchers at National Bank Financial from C$187.00 to C$179.00 in a report released on Monday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 21.61% from the stock’s current price.

CTC.A has been the topic of several other research reports. Raymond James boosted their price target on shares of Canadian Tire from C$195.00 to C$198.00 and gave the company an “outperform” rating in a research report on Friday, August 10th. Canaccord Genuity set a C$172.00 price target on shares of Canadian Tire in a research report on Friday, August 10th. Desjardins boosted their price target on shares of Canadian Tire from C$200.00 to C$205.00 in a research report on Friday, August 10th. Barclays boosted their price target on shares of Canadian Tire from C$186.00 to C$194.00 in a research report on Tuesday, August 7th. Finally, Royal Bank of Canada boosted 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. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Canadian Tire presently has a consensus rating of “Buy” and a consensus target price of C$188.33.

Shares of CTC.A stock opened at C$147.19 on Monday. 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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