Canadian Tire Co. Limited (CTC) Price Target Raised to C$173.00

Canadian Tire Co. Limited (TSE:CTC) had its price objective increased by analysts at Barclays PLC from C$171.00 to C$173.00 in a note issued to investors on Monday, November 6th. The firm currently has an “overweight” rating on the stock. Barclays PLC’s price target would suggest a potential downside of 27.16% from the stock’s current price.

Shares of Canadian Tire (CTC) traded up C$3.50 during midday trading on Monday, reaching C$237.50. 606 shares of the company were exchanged, compared to its average volume of 205. Canadian Tire has a 52-week low of C$185.75 and a 52-week high of C$265.00.

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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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