Canadian Tire (OTCMKTS:CDNAF) Price Target Raised to $210.00

Canadian Tire (OTCMKTS:CDNAF) had its price target lifted by TD Securities from $185.00 to $210.00 in a research note published on Wednesday morning, The Fly reports. The firm currently has a buy rating on the stock.

CDNAF has been the subject of a number of other research reports. Scotiabank upgraded Canadian Tire from a sector perform rating to an outperform rating in a report on Friday, November 6th. BMO Capital Markets increased their target price on Canadian Tire from $136.00 to $157.00 and gave the company a market perform rating in a report on Friday, November 6th. Canaccord Genuity increased their target price on Canadian Tire from $145.00 to $160.00 and gave the company a hold rating in a report on Friday, November 6th. Royal Bank of Canada increased their target price on Canadian Tire from $173.00 to $175.00 and gave the company an outperform rating in a report on Friday, November 6th. Finally, CIBC increased their target price on Canadian Tire from $162.00 to $173.00 and gave the company an outperform rating in a report on Friday, November 6th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $163.86.

Shares of OTCMKTS:CDNAF opened at $139.89 on Wednesday. The stock has a fifty day moving average of $130.82 and a 200-day moving average of $109.13. Canadian Tire has a one year low of $46.80 and a one year high of $140.08.

About Canadian Tire

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting goods, and petroleum under the Canadian Tire, PartSource, Petroleum, Gas+, Party City, Mark's, Mark's Work Wearhouse, L'ƃquipeur, Helly Hansen, SportChek, Sports Experts, Atmosphere, Pro Hockey Life, National Sports, Sports Rousseau, and Hockey Experts banners.

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The Fly

Analyst Recommendations for Canadian Tire (OTCMKTS:CDNAF)

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