Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report) Director Steve Frazier bought 450 shares of the company's stock in a transaction dated Monday, June 9th. The shares were acquired at an average cost of C$178.77 per share, with a total value of C$80,447.09.
Canadian Tire Stock Performance
CTC.A traded up C$0.79 during trading on Thursday, reaching C$179.95. The company's stock had a trading volume of 214,354 shares, compared to its average volume of 327,956. The company has a market capitalization of C$9.39 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 0.35 and a beta of 1.33. The company's fifty day moving average price is C$159.54 and its 200-day moving average price is C$155.07. Canadian Tire Co. Limited has a 52-week low of C$132.74 and a 52-week high of C$182.14. The company has a debt-to-equity ratio of 173.58, a quick ratio of 1.15 and a current ratio of 1.79.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on CTC.A shares. Desjardins upped their price objective on shares of Canadian Tire from C$170.00 to C$175.00 and gave the company a "buy" rating in a report on Friday, May 9th. TD Securities boosted their target price on shares of Canadian Tire from C$170.00 to C$181.00 and gave the company a "buy" rating in a report on Friday, May 9th. Jefferies Financial Group raised their price target on shares of Canadian Tire from C$140.00 to C$164.00 in a report on Friday, May 9th. Canaccord Genuity Group reduced their price target on shares of Canadian Tire from C$158.00 to C$153.00 in a research report on Thursday, February 20th. Finally, CIBC decreased their price objective on Canadian Tire from C$165.00 to C$156.00 in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Canadian Tire presently has a consensus rating of "Moderate Buy" and a consensus target price of C$171.25.
View Our Latest Stock Report on Canadian Tire
Canadian Tire Company Profile
(
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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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