Free Trial

Canadian Tire (CTC.A) Stock Forecast & Price Target

Canadian Tire logo
C$153.58 +2.27 (+1.50%)
(As of 12/20/2024 05:17 PM ET)

Canadian Tire - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
4

Based on 8 Wall Street analysts who have issued ratings for Canadian Tire in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, and 4 have given a buy rating for CTC.A.

Consensus Price Target

C$147.89
-3.71% Downside
According to the 8 analysts' twelve-month price targets for Canadian Tire, the average price target is C$147.89. The highest price target for CTC.A is C$192.00, while the lowest price target for CTC.A is C$37.00. The average price target represents a forecasted downside of -3.71% from the current price of C$153.58.
Get the Latest News and Ratings for CTC.A and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Canadian Tire and its competitors.

Sign Up

CTC.A Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$147.89C$147.89C$147.11C$170.33
Forecasted Upside-3.71% Downside-1.75% Downside-7.35% Downside21.69% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CTC.A Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

CTC.A Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian Tire Stock vs. The Competition

TypeCanadian TireConsumer Cyclical Companies
Consensus Rating Score
2.50
2.67
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent CTC.A News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024CIBC
3 of 5 stars
 Boost TargetC$160.00 ➝ C$165.00+6.96%
11/8/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetC$188.00 ➝ C$192.00+24.46%
8/9/2024Desjardins
2 of 5 stars
 Boost TargetC$165.00 ➝ C$175.00+17.78%
8/9/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$121.00 ➝ C$126.00-15.20%
8/9/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$146.00 ➝ C$158.00+6.34%
8/9/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ BuyC$160.00 ➝ C$175.00+17.78%
5/10/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$150.00 ➝ C$152.00+5.58%
5/10/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$150.00 ➝ C$151.00+4.89%
5/6/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHoldC$40.00 ➝ C$37.00-72.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:08 AM ET.


CTC.A Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Tire is C$147.89, with a high forecast of C$192.00 and a low forecast of C$37.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Tire in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CTC.A shares.

According to analysts, Canadian Tire's stock has a predicted downside of -3.71% based on their 12-month stock forecasts.

Canadian Tire has been rated by research analysts at CIBC, and Royal Bank of Canada in the past 90 days.

Analysts like Canadian Tire less than other "consumer cyclical" companies. The consensus rating score for Canadian Tire is 2.50 while the average consensus rating score for "consumer cyclical" companies is 2.67. Learn more on how CTC.A compares to other companies.


This page (TSE:CTC.A) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners