Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as C$175.49 and last traded at C$174.15, with a volume of 17423 shares trading hands. The stock had previously closed at C$174.39.
Analyst Ratings Changes
CTC.A has been the topic of a number of research analyst reports. Desjardins lifted their target price on Canadian Tire from C$170.00 to C$175.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. BMO Capital Markets boosted their target price on Canadian Tire from C$170.00 to C$175.00 in a research report on Friday, May 9th. Jefferies Financial Group upped their price target on Canadian Tire from C$140.00 to C$164.00 in a report on Friday, May 9th. National Bankshares upped their price target on Canadian Tire from C$70.00 to C$174.00 and gave the stock a "sector perform" rating in a report on Friday, March 7th. Finally, TD Securities upped their target price on Canadian Tire from C$170.00 to C$181.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$171.25.
Read Our Latest Analysis on CTC.A
Canadian Tire Stock Up 0.4%
The firm has a 50 day moving average price of C$155.94 and a two-hundred day moving average price of C$153.99. The company has a quick ratio of 1.15, a current ratio of 1.79 and a debt-to-equity ratio of 173.58. The company has a market capitalization of C$9.15 billion, a price-to-earnings ratio of 25.60, a P/E/G ratio of 0.35 and a beta of 1.33.
Canadian Tire Company Profile
(
Get Free Report)
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners.
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