Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report) has been assigned a consensus rating of "Hold" from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$204.00.
A number of research firms recently issued reports on CTC.A. Desjardins upped their price objective on shares of Canadian Tire from C$200.00 to C$217.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Jefferies Financial Group raised their target price on shares of Canadian Tire from C$179.00 to C$199.00 in a research report on Friday, August 14th. Stifel Nicolaus boosted their target price on shares of Canadian Tire from C$115.00 to C$220.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Scotia upped their price target on shares of Canadian Tire from C$180.00 to C$200.00 and gave the stock a "sector perform" rating in a report on Friday, August 14th. Finally, Royal Bank Of Canada upped their price target on shares of Canadian Tire from C$218.00 to C$230.00 and gave the stock an "outperform" rating in a report on Sunday, August 16th.
View Our Latest Stock Analysis on CTC.A
Canadian Tire Stock Up 0.3%
CTC.A stock opened at C$202.43 on Thursday. The firm has a 50-day moving average price of C$193.28 and a 200-day moving average price of C$189.00. Canadian Tire has a 12 month low of C$159.20 and a 12 month high of C$209.10. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 173.58. The stock has a market capitalization of C$10.56 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 0.35 and a beta of 0.75.
About Canadian Tire
(
Get Free Report)
Canadian Tire Corporation, Limited (TSX: CTC.A, TSX: CTC, "CTC") has been a proudly Canadian business since 1922. Guided by its brand purpose, "We are here to make life in Canada better," CTC has built an expansive national retail presence, exceptional customer brand trust and one of Canada's strongest workforces - employing, along with its local Dealers and franchisees, tens of thousands of Canadians. At its core are retail businesses, each designed to serve life's pursuits: Canadian Tire, offering products spanning Living, Playing, Fixing, Automotive, and Seasonal & Gardening, bolstered by notable banners Party City and PartSource; Mark's, a leading source for casual and industrial wear; SportChek, Hockey Experts, Sports Experts and Atmosphere, offering the best brands of active wear and gear; and Pro Hockey Life, a hockey specialty store catering to elite players.
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