Jean Coutu Group PJC Inc (PJC.A) Price Target Raised to C$24.50
Jean Coutu Group PJC Inc (TSE:PJC.A) had its price target upped by Scotiabank from C$22.50 to C$24.50 in a report released on Thursday morning. The firm currently has a sector perform rating on the stock.
A number of other equities research analysts have also recently commented on the company. Royal Bank Of Canada reduced their price objective on Jean Coutu Group PJC from C$20.00 to C$19.00 and set an underperform rating for the company in a research note on Tuesday, July 4th. National Bank Financial lowered their target price on Jean Coutu Group PJC from C$25.00 to C$24.00 in a research report on Thursday, June 29th. TD Securities upped their target price on Jean Coutu Group PJC from C$20.00 to C$21.00 and gave the stock a hold rating in a research report on Wednesday, July 12th. Eight Capital cut their target price on Jean Coutu Group PJC from C$23.00 to C$21.00 in a report on Thursday, July 6th. Finally, Barclays PLC cut their target price on Jean Coutu Group PJC from C$19.00 to C$17.00 and set an underweight rating on the stock in a report on Wednesday, July 5th. Three research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock currently has an average rating of Hold and a consensus target price of C$22.22.
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About Jean Coutu Group PJC
The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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