OTCMKTS:CDNAF - Canadian Tire Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $163.86
  • Forecasted Upside: 17.59 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$139.35
▼ -0.545 (-0.39%)
1 month | 3 months | 12 months
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Analyst Price Target for CDNAF

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$163.86
▲ +17.59% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Canadian Tire in the last 3 months. The average price target is $163.86, with a high forecast of $210.00 and a low forecast of $128.00. The average price target represents a 17.59% upside from the last price of $139.35.
Buy
The current consensus among 7 polled investment analysts is to buy stock in Canadian Tire. This rating has held steady since January 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/26/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/22/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/20/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/19/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/13/2021TD SecuritiesBoost Price TargetBuy$185.00 ➝ $210.00
i
11/6/2020CIBCBoost Price TargetOutperform$162.00 ➝ $173.00
i
11/6/2020Canaccord GenuityBoost Price TargetHold$145.00 ➝ $160.00
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11/6/2020Royal Bank of CanadaBoost Price TargetOutperform$173.00 ➝ $175.00
i
11/6/2020BMO Capital MarketsBoost Price TargetMarket Perform$136.00 ➝ $157.00
i
11/6/2020TD SecuritiesDowngradeBuy
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11/6/2020ScotiabankUpgradeSector Perform ➝ Outperform
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10/27/2020Royal Bank of CanadaBoost Price TargetOutperform$168.00 ➝ $173.00
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10/27/2020ScotiabankBoost Price TargetSector Perform$122.00 ➝ $144.00
i
10/23/2020CIBCBoost Price TargetOutperform$141.00 ➝ $162.00
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10/8/2020TD SecuritiesBoost Price TargetBuy$150.00 ➝ $165.00
i
8/9/2020National Bank FinancialReiterated RatingBuy$128.00
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7/31/2020BMO Capital MarketsBoost Price TargetMarket Perform$101.00 ➝ $125.00
i
7/24/2020TD SecuritiesBoost Price TargetBuy$140.00 ➝ $150.00
i
5/8/2020Royal Bank of CanadaLower Price TargetOutperform$171.00 ➝ $168.00
i
5/8/2020Canaccord GenuityLower Price TargetHold$108.00 ➝ $106.00
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5/5/2020BMO Capital MarketsLower Price TargetMarket Perform$105.00 ➝ $101.00
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5/1/2020CIBCLower Price TargetOutperform$134.00 ➝ $130.00
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4/22/2020Canaccord GenuityLower Price TargetHold$160.00 ➝ $108.00
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4/15/2020CIBCLower Price TargetOutperform$178.00 ➝ $134.00
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4/7/2020TD SecuritiesUpgradeBuy
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3/27/2020Royal Bank of CanadaLower Price TargetOutperform$190.00 ➝ $171.00
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3/26/2020BMO Capital MarketsReiterated RatingHold$105.00
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2/14/2020CIBCReiterated RatingBuy$178.00
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2/11/2019BarclaysDowngradeOverweight ➝ Equal Weight
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(Data available from 1/18/2016 forward)
Canadian Tire logo
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting goods, and petroleum under the Canadian Tire, PartSource, Petroleum, Gas+, Party City, Mark's, Mark's Work Wearhouse, L'Ãquipeur, Helly Hansen, SportChek, Sports Experts, Atmosphere, Pro Hockey Life, National Sports, Sports Rousseau, and Hockey Experts banners. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, mixed-use commercial property, and distribution centers. The Financial Services segment provides financial and other ancillary products and services, including credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. This segment also offers payment processing services to its retail banners. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.
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Today's Range

Now: $139.35
$139.20
$139.35

50 Day Range

MA: $131.44
$125.96
$140.08

52 Week Range

Now: $139.35
$46.80
$140.08

Volume

500 shs

Average Volume

457 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Tire?

The following Wall Street sell-side analysts have issued reports on Canadian Tire in the last twelve months: BMO Capital Markets, Canaccord Genuity, CIBC, National Bank Financial, Royal Bank of Canada, Scotiabank, and TD Securities.

What is the current price target for Canadian Tire?

7 Wall Street analysts have set twelve-month price targets for Canadian Tire in the last year. Their average twelve-month price target is $163.86, suggesting a possible upside of 17.6%. TD Securities has the highest price target set, predicting CDNAF will reach $210.00 in the next twelve months. National Bank Financial has the lowest price target set, forecasting a price of $128.00 for Canadian Tire in the next year.

What is the current consensus analyst rating for Canadian Tire?

Canadian Tire currently has 2 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CDNAF will outperform the market and that investors should add to their positions of Canadian Tire.

What other companies compete with Canadian Tire?

How do I contact Canadian Tire's investor relations team?

The company's listed phone number is (416) 480-3000. The official website for Canadian Tire is www.corp.canadiantire.ca.