Canadian Tire (TSE:CTC.A) Price Target Raised to C$205.00

Canadian Tire (TSE:CTC.A) had its price target increased by TD Securities from C$194.00 to C$205.00 in a research note released on Friday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

A number of other equities analysts also recently commented on CTC.A. Canadian Imperial Bank of Commerce boosted their target price on shares of Canadian Tire from C$181.00 to C$189.00 in a research note on Friday, November 7th. BMO Capital Markets increased their price objective on Canadian Tire from C$180.00 to C$194.00 and gave the company a “market perform” rating in a report on Friday. National Bank Financial raised their target price on Canadian Tire from C$201.00 to C$211.00 and gave the stock a “sector perform” rating in a research report on Friday. Desjardins upped their price target on Canadian Tire from C$190.00 to C$203.00 and gave the company a “buy” rating in a report on Friday. Finally, Scotiabank upgraded shares of Canadian Tire from an “underperform” rating to a “sector perform” rating and increased their price target for the company from C$160.00 to C$180.00 in a research note on Friday. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of C$192.29.

Canadian Tire Price Performance

Shares of CTC.A opened at C$188.48 on Friday. The company has a market cap of C$10.07 billion, a P/E ratio of 14.30, a PEG ratio of 0.35 and a beta of 0.90. Canadian Tire has a fifty-two week low of C$139.50 and a fifty-two week high of C$196.46. The company has a quick ratio of 1.15, a current ratio of 1.79 and a debt-to-equity ratio of 173.58. The firm’s 50 day moving average price is C$175.42 and its 200 day moving average price is C$170.96.

Canadian Tire News Roundup

Here are the key news stories impacting Canadian Tire this week:

• Positive Sentiment: Desjardins raised its price target to C$203 and gave a “buy” rating — an endorsement that can attract buying interest and supports a multi-percent upside thesis. Article Title
• Positive Sentiment: TD Securities lifted its target to C$205 (maintaining a “hold”) — another upward revision that signals improving analyst views on Canadian Tire’s outlook. Article Title
• Positive Sentiment: National Bank Financial raised its target to C$211 (sector perform), the highest PT in this round — notable for suggesting greater upside potential from current levels. Article Title
• Positive Sentiment: BMO bumped its target to C$194 with a “market perform” — modestly bullish and supportive of near-term price strength. Article Title
• Neutral Sentiment: Canadian Tire reported strong holiday/Q4 results with revenue up year-over-year and SportChek comps rising — fundamentals that justify the analyst optimism but require follow-through in margins and guidance. Article Title
• Positive Sentiment: Management highlights Triangle Rewards as a “linchpin” for growth — loyalty program strength can boost customer retention and lifetime value, a structural positive for valuation. Article Title
• Positive Sentiment: Expanded Microsoft partnership to scale an AI-driven retail intelligence platform — technology investment that may improve merchandising, inventory turns and margins over time. Article Title
• Positive Sentiment: Technicals: the stock has crossed above its 200-day moving average — a bullish technical signal that can attract momentum traders. Article Title
• Negative Sentiment: Scotiabank upgraded the rating from “underperform” to “sector perform” but set a C$180 target (below current levels) — this reduces conviction from one large broker and represents a potential headwind if others echo the lower PT. Article Title

Canadian Tire Company Profile

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark’s, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands.