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Forex

Canadian Tire Receives Consensus 'Hold' Rating from Nine Brokerages

Guavy AI Editorial Team
Instruments
CAD
Share

Canadian Tire Co. Limited (TSE:CTC.A) has been assigned a consensus rating of 'Hold' by nine brokerages, according to Marketbeat.com.

Six analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

The average 1-year price objective among brokers that have covered the stock in the last year is C$202.91.

Several analysts have commented on Canadian Tire shares, including Royal Bank of Canada, which upped its price objective from C$216.00 to C$218.00 and gave the company an 'outperform' rating.

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