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How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Amazon a blue chip stock?
How to find penny stocks to invest and trade 
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
How to invest in GTE technology: A guide 
Consumer staples vs. consumer discretionary

Canadian Tire (CTC.A) Stock Forecast & Price Target

C$144.73
+1.78 (+1.25%)
(As of 12/7/2023 ET)
Compare
Today's Range
C$143.38
C$145.44
50-Day Range
C$133.76
C$147.82
52-Week Range
C$131.46
C$189.82
Volume
134,132 shs
Average Volume
225,298 shs
Market Capitalization
C$7.55 billion
P/E Ratio
14.68
Dividend Yield
4.84%
Price Target
C$170.33

Canadian Tire Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$170.33
17.69% Upside
High ForecastC$202.00
Average ForecastC$170.33
Low ForecastC$152.00
TypeCurrent Forecast
12/8/22 to 12/8/23
1 Month Ago
11/8/22 to 11/8/23
3 Months Ago
9/9/22 to 9/9/23
1 Year Ago
12/8/21 to 12/8/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$170.33C$182.11C$193.38C$195.56
Predicted Upside17.69% Upside24.95% Upside16.32% Upside20.97% Upside
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CTC.A Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CTC.A Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Canadian Tire Stock vs. The Competition

TypeCanadian TireConsumer Cyclical Companies
Consensus Rating Score
2.63
2.46
Consensus RatingModerate BuyHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2023Desjardins
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 Lower TargetBuyC$180.00 ➝ C$170.00+21.16%
11/10/2023Royal Bank of Canada
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 Lower TargetOutperformC$205.00 ➝ C$199.00+42.78%
11/10/2023TD Securities
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 Lower TargetHoldC$185.00 ➝ C$160.00+14.79%
11/10/2023Scotiabank
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 Lower TargetOutperformC$172.00 ➝ C$160.00+14.79%
11/10/2023BMO Capital Markets
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 Lower TargetOutperformC$180.00 ➝ C$170.00+21.97%
11/10/2023National Bankshares
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 Lower TargetSector PerformC$166.00 ➝ C$152.00+9.05%
11/10/2023CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutralC$177.00 ➝ C$153.00+9.77%
11/10/2023Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$172.00 ➝ C$167.00+19.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:41 AM ET.












CTC.A Price Target - Frequently Asked Questions

What is Canadian Tire's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for Canadian Tire stock is Moderate Buy based on the current 3 hold ratings and 5 buy ratings for CTC.A. The average twelve-month price prediction for Canadian Tire is C$170.33 with a high price target of C$202.00 and a low price target of C$152.00. Learn more on CTC.A's analyst rating history.

Do Wall Street analysts like Canadian Tire more than its competitors?

Analysts like Canadian Tire more than other Consumer Cyclical companies. The consensus rating for Canadian Tire is Moderate Buy while the average consensus rating for consumer cyclical companies is Hold. Learn more on how CTC.A compares to other companies.

Does Canadian Tire's stock price have much upside?

According to analysts, Canadian Tire's stock has a predicted upside of 20.24% based on their 12-month stock forecasts.

What analysts cover Canadian Tire?

Stock Ratings Reports and Tools

This page (TSE:CTC.A) was last updated on 12/8/2023 by MarketBeat.com Staff

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