Canadian Tire Co., Limited (TSE:CTC – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$225.41 and traded as low as C$215.01. Canadian Tire shares last traded at C$215.25, with a volume of 498 shares traded.
Wall Street Analysts Forecast Growth
CTC has been the topic of several recent research reports. BMO Capital Markets raised shares of Canadian Tire from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 20th. Scotiabank set a C$140.00 target price on Canadian Tire and gave the company an “underperform” rating in a research report on Friday, February 7th.
Canadian Tire Stock Performance
About Canadian Tire
Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.
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