Canadian Tire Co., Limited (TSE:CTC - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as C$248.20 and last traded at C$248.20, with a volume of 671 shares traded. The stock had previously closed at C$240.00.
Analyst Upgrades and Downgrades
Several brokerages recently commented on CTC. Scotiabank set a C$140.00 target price on Canadian Tire and gave the stock an "underperform" rating in a report on Friday, February 7th. BMO Capital Markets raised Canadian Tire from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 20th.
Check Out Our Latest Report on Canadian Tire
Canadian Tire Stock Performance
The business has a 50 day simple moving average of C$222.14 and a 200-day simple moving average of C$221.23. The company has a debt-to-equity ratio of 150.68, a quick ratio of 1.15 and a current ratio of 1.60. The stock has a market capitalization of C$9.41 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 0.49 and a beta of 1.33.
About Canadian Tire
(
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Canadian Tire Corporation, Limited, TSX: CTC.A TSX: CTC or 'CTC', is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.
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