Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report) Director Steve Frazier purchased 450 shares of the business's stock in a transaction on Monday, June 9th. The stock was bought at an average cost of C$178.77 per share, with a total value of C$80,447.09.
Canadian Tire Stock Up 0.1%
Shares of TSE CTC.A traded up C$0.19 during mid-day trading on Monday, hitting C$177.49. 167,914 shares of the stock traded hands, compared to its average volume of 330,951. The company has a market cap of C$9.26 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 0.35 and a beta of 1.33. The stock has a fifty day moving average price of C$157.02 and a 200-day moving average price of C$154.35. Canadian Tire Co. Limited has a 52 week low of C$132.74 and a 52 week high of C$179.37. The company has a debt-to-equity ratio of 173.58, a quick ratio of 1.15 and a current ratio of 1.79.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. TD Securities raised their price target on Canadian Tire from C$170.00 to C$181.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Jefferies Financial Group raised their price objective on Canadian Tire from C$140.00 to C$164.00 in a report on Friday, May 9th. Canaccord Genuity Group dropped their target price on Canadian Tire from C$158.00 to C$153.00 in a research report on Thursday, February 20th. National Bankshares upped their target price on Canadian Tire from C$70.00 to C$174.00 and gave the stock a "sector perform" rating in a research note on Friday, March 7th. Finally, Desjardins boosted their price objective on shares of Canadian Tire from C$170.00 to C$175.00 and gave the stock a "buy" rating in a report on Friday, May 9th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of C$171.25.
View Our Latest Stock Analysis on CTC.A
About Canadian Tire
(
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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