Canadian Tire Co. Limited (TSE:CTC.A) has earned a consensus rating of “Buy” from the eleven ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$187.73.

Several brokerages have recently issued reports on CTC.A. CIBC lifted their target price on shares of Canadian Tire from C$179.00 to C$181.00 in a research report on Friday, November 9th. Barclays lifted their target price on shares of Canadian Tire from C$190.00 to C$193.00 in a research report on Friday, November 9th. National Bank Financial lifted their target price on shares of Canadian Tire from C$179.00 to C$181.00 and gave the company an “outperform” rating in a research report on Friday, November 9th. Royal Bank of Canada lifted their target price on shares of Canadian Tire from C$197.00 to C$201.00 and gave the company an “outperform” rating in a research report on Friday, November 9th. Finally, Raymond James dropped their target price on shares of Canadian Tire from C$198.00 to C$181.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 7th.

CTC.A stock traded down C$3.02 during midday trading on Tuesday, hitting C$144.13. 134,160 shares of the stock traded hands, compared to its average volume of 241,044. Canadian Tire has a 1-year low of C$140.60 and a 1-year high of C$180.21.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.

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Analyst Recommendations for Canadian Tire (TSE:CTC.A)

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