Canadian Tire Co. Limited (TSE:CTC.A – Get Free Report) Director Steve Frazier acquired 350 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was purchased at an average price of C$152.56 per share, for a total transaction of C$53,397.68.
Canadian Tire Trading Up 1.0 %
Shares of TSE:CTC.A traded up C$1.51 during midday trading on Monday, reaching C$154.51. 47,447 shares of the company’s stock were exchanged, compared to its average volume of 234,813. The firm’s 50 day simple moving average is C$154.78 and its two-hundred day simple moving average is C$148.85. The company has a debt-to-equity ratio of 173.58, a current ratio of 1.79 and a quick ratio of 1.15. The stock has a market cap of C$8.07 billion, a price-to-earnings ratio of 22.34, a P/E/G ratio of 0.35 and a beta of 1.33. Canadian Tire Co. Limited has a fifty-two week low of C$126.25 and a fifty-two week high of C$163.00.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on CTC.A shares. CIBC raised 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 raised their target price on Canadian Tire from C$188.00 to C$192.00 in a research note on Friday, November 8th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Canadian Tire currently has a consensus rating of “Moderate Buy” and an average target price of C$147.89.
Canadian Tire Company Profile
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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