Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$149.52 and traded as high as C$154.17. Canadian Tire shares last traded at C$153.44, with a volume of 89,145 shares trading hands.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. CIBC upped their target price on Canadian Tire from C$160.00 to C$165.00 in a research note on Friday, November 8th. Royal Bank of Canada increased their price target on shares of Canadian Tire from C$188.00 to C$192.00 in a report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$147.89.
Check Out Our Latest Stock Analysis on CTC.A
Canadian Tire Trading Down 0.9 %
The business has a fifty day moving average price of C$153.99 and a two-hundred day moving average price of C$149.64. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 173.58. The firm has a market capitalization of C$7.94 billion, a PE ratio of 22.21, a PEG ratio of 0.35 and a beta of 1.33.
Insider Activity at Canadian Tire
In other Canadian Tire news, Director Steve Frazier purchased 350 shares of the company's stock in a transaction on Friday, December 13th. The stock was acquired at an average price of C$152.56 per share, for a total transaction of C$53,397.68. 1.90% of the stock is currently owned by company insiders.
About Canadian Tire
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Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners.
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