CIBC Lowers Canadian Tire (CTC.A) Price Target to C$179.00

Canadian Tire (TSE:CTC.A) had its price target decreased by CIBC from C$188.00 to C$179.00 in a research report released on Monday.

Several other research firms also recently commented on CTC.A. Royal Bank of Canada raised their price objective on Canadian Tire from C$200.00 to C$202.00 and gave the stock an outperform rating in a report on Tuesday, July 31st. BMO Capital Markets set a C$192.00 price objective on Canadian Tire and gave the stock an outperform rating in a report on Tuesday, July 24th. Canaccord Genuity set a C$172.00 price objective on Canadian Tire in a report on Friday, August 10th. National Bank Financial restated an outperform rating and set a C$187.00 price objective on shares of Canadian Tire in a report on Friday, August 10th. Finally, Desjardins raised their price objective on Canadian Tire from C$200.00 to C$205.00 in a report on Friday, August 10th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of C$188.33.

CTC.A opened at C$148.14 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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