TD Securities Raises Canadian Tire (TSE:CTC.A) Price Target to C$205.00

Canadian Tire (TSE:CTC.A) had its target price increased by analysts at TD Securities from C$194.00 to C$205.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 8.76% from the stock’s current price.

Several other equities analysts also recently commented on CTC.A. Desjardins boosted their price target on shares of Canadian Tire from C$190.00 to C$203.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets lifted their target price on Canadian Tire from C$180.00 to C$194.00 and gave the company a “market perform” rating in a report on Friday. Scotiabank upgraded Canadian Tire from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$160.00 to C$180.00 in a report on Friday. Canadian Imperial Bank of Commerce lifted their price objective on Canadian Tire from C$181.00 to C$189.00 in a research note on Friday, November 7th. Finally, National Bank Financial boosted their price objective on Canadian Tire from C$201.00 to C$211.00 and gave the stock a “sector perform” rating in a research report on Friday. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$192.29.

Canadian Tire Price Performance

Shares of CTC.A opened at C$188.48 on Friday. The company has a market cap of C$10.07 billion, a P/E ratio of 14.30, a PEG ratio of 0.35 and a beta of 0.90. Canadian Tire has a fifty-two week low of C$139.50 and a fifty-two week high of C$196.46. The company has a quick ratio of 1.15, a current ratio of 1.79 and a debt-to-equity ratio of 173.58. The firm’s 50 day moving average price is C$175.42 and its 200 day moving average price is C$171.06.

More Canadian Tire News

Here are the key news stories impacting Canadian Tire this week:

• Positive Sentiment: Desjardins raised its price target to C$203 and gave a “buy” rating — an endorsement that can attract buying interest and supports a multi-percent upside thesis. Article Title
• Positive Sentiment: TD Securities lifted its target to C$205 (maintaining a “hold”) — another upward revision that signals improving analyst views on Canadian Tire’s outlook. Article Title
• Positive Sentiment: National Bank Financial raised its target to C$211 (sector perform), the highest PT in this round — notable for suggesting greater upside potential from current levels. Article Title
• Positive Sentiment: BMO bumped its target to C$194 with a “market perform” — modestly bullish and supportive of near-term price strength. Article Title
• Neutral Sentiment: Canadian Tire reported strong holiday/Q4 results with revenue up year-over-year and SportChek comps rising — fundamentals that justify the analyst optimism but require follow-through in margins and guidance. Article Title
• Positive Sentiment: Management highlights Triangle Rewards as a “linchpin” for growth — loyalty program strength can boost customer retention and lifetime value, a structural positive for valuation. Article Title
• Positive Sentiment: Expanded Microsoft partnership to scale an AI-driven retail intelligence platform — technology investment that may improve merchandising, inventory turns and margins over time. Article Title
• Positive Sentiment: Technicals: the stock has crossed above its 200-day moving average — a bullish technical signal that can attract momentum traders. Article Title
• Negative Sentiment: Scotiabank upgraded the rating from “underperform” to “sector perform” but set a C$180 target (below current levels) — this reduces conviction from one large broker and represents a potential headwind if others echo the lower PT. Article Title

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. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark’s, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands.