S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal

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

C$127.82
-1.76 (-1.36%)
(As of 04/12/2024 ET)

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

Hold
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$162.44
27.09% Upside
High ForecastC$202.00
Average ForecastC$162.44
Low ForecastC$146.00
TypeCurrent Forecast
4/14/23 to 4/13/24
1 Month Ago
3/15/23 to 3/14/24
3 Months Ago
1/14/23 to 1/14/24
1 Year Ago
4/14/22 to 4/14/23
Consensus Rating
Hold
Hold
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
3 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
6 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
3 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$162.44C$162.44C$170.33C$203.75
Predicted Upside27.09% Upside13.58% Upside20.24% Upside17.37% 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
2.38
2.48
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/20/2024BMO Capital Markets
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 DowngradeOutperform ➝ Market PerformC$170.00 ➝ C$150.00+8.62%
2/16/2024Royal Bank of Canada
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 Lower TargetOutperformC$199.00 ➝ C$195.00+38.10%
2/16/2024TD Securities
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 Lower TargetHoldC$160.00 ➝ C$155.00+9.77%
2/16/2024National Bankshares
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 Lower TargetSector PerformC$152.00 ➝ C$146.00+3.40%
2/16/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$158.00 ➝ C$150.00+6.23%
2/16/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$170.00 ➝ C$160.00+13.31%
2/16/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutralC$153.00 ➝ C$150.00+6.23%
2/7/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ HoldC$167.00 ➝ C$154.00+8.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:09 PM 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 Hold based on the current 5 hold ratings and 3 buy ratings for CTC.A. The average twelve-month price prediction for Canadian Tire is C$162.44 with a high price target of C$202.00 and a low price target of C$146.00. Learn more on CTC.A's analyst rating history.

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

Analysts like Canadian Tire less than other Consumer Cyclical companies. The consensus rating score for Canadian Tire is 2.38 while the average consensus rating score for consumer cyclical companies is 2.48. Learn more on how CTC.A compares to other companies.

Is Canadian Tire being downgraded by Wall Street analysts?

Over the previous 90 days, Canadian Tire's stock had 2 downgrades by analysts.

Does Canadian Tire's stock price have much upside?

According to analysts, Canadian Tire's stock has a predicted upside of 13.58% 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 4/13/2024 by MarketBeat.com Staff

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