Canadian Tire - CDNAF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $221.25
  • Forecasted Upside: 106.21 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$107.30
▼ -2.66 (-2.42%)

This chart shows the closing price for CDNAF by one month, three months, or twelve months.

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Analyst Price Target for CDNAF

Analyst Price Target is $221.25
▲ +106.21% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Canadian Tire in the last 3 months. The average price target is $221.25, with a high forecast of $258.00 and a low forecast of $184.00. The average price target represents a 106.21% upside from the last price of $107.30.

This chart shows the closing price for CDNAF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Canadian Tire. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/4/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/3/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/1/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/30/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/30/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/28/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/27/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/26/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/29/2022ScotiabankLower TargetC$273.00 ➝ C$258.00
8/15/2022DesjardinsLower TargetC$225.00 ➝ C$215.00
8/12/2022Royal Bank of CanadaLower TargetC$235.00 ➝ C$234.00
8/12/2022National Bank FinancialLower TargetC$215.00 ➝ C$213.00
7/27/2022Royal Bank of CanadaLower TargetC$260.00 ➝ C$235.00
5/16/2022DesjardinsLower TargetC$234.00 ➝ C$225.00
5/13/2022BMO Capital MarketsLower TargetC$187.00 ➝ C$184.00
5/13/2022Canaccord Genuity GroupUpgradeBuy$208.00
5/13/2022Canaccord Genuity GroupUpgradeHold ➝ BuyC$203.00 ➝ C$208.00
5/10/2022Canaccord Genuity GroupLower TargetHold ➝ HoldC$222.00 ➝ C$203.00
5/10/2022National Bank FinancialLower TargetC$236.00 ➝ C$212.00
2/18/2022National Bank FinancialBoost TargetC$221.00 ➝ C$231.00
2/18/2022Royal Bank of CanadaBoost TargetC$255.00 ➝ C$260.00
2/18/2022ScotiabankBoost TargetC$250.00 ➝ C$270.00
2/18/2022TD SecuritiesBoost TargetC$240.00 ➝ C$250.00
11/1/2021Royal Bank of CanadaBoost TargetOutperformC$251.00 ➝ C$255.00
10/28/2021National Bank FinancialLower TargetOutperformC$226.00 ➝ C$225.00
8/13/2021ScotiabankBoost TargetOutperformC$242.00 ➝ C$250.00
5/14/2021National Bank FinancialBoost TargetOutperform$201.00 ➝ $219.00
5/14/2021BMO Capital MarketsBoost TargetMarket PerformC$178.00 ➝ C$223.00
5/14/2021CIBCBoost TargetOutperformC$202.00 ➝ C$234.00
5/14/2021Royal Bank of CanadaBoost TargetOutperformC$215.00 ➝ C$232.00
5/14/2021ScotiabankBoost TargetOutperformC$205.00 ➝ C$242.00
5/14/2021TD SecuritiesBoost TargetBuyC$210.00 ➝ C$240.00
4/19/2021Royal Bank of CanadaBoost TargetOutperform$211.00 ➝ $215.00
2/22/2021National Bank FinancialReiterated RatingOutperform
2/22/2021DesjardinsBoost TargetBuy$180.00 ➝ $195.00
2/19/2021ScotiabankBoost TargetOutperform$185.00 ➝ $205.00
2/19/2021Royal Bank of CanadaBoost TargetOutperform$198.00 ➝ $211.00
2/19/2021CIBCBoost TargetOutperform$198.00 ➝ $202.00
2/11/2021CIBCBoost TargetOutperform$173.00 ➝ $198.00
2/10/2021Royal Bank of CanadaBoost TargetOutperform$175.00 ➝ $198.00
1/13/2021TD SecuritiesBoost TargetBuy$185.00 ➝ $210.00
11/6/2020CIBCBoost TargetOutperform$162.00 ➝ $173.00
11/6/2020Royal Bank of CanadaBoost TargetOutperform$173.00 ➝ $175.00
11/6/2020BMO Capital MarketsBoost TargetMarket Perform$136.00 ➝ $157.00
11/6/2020TD SecuritiesDowngradeBuy
11/6/2020ScotiabankUpgradeSector Perform ➝ Outperform
10/27/2020Royal Bank of CanadaBoost TargetOutperform$168.00 ➝ $173.00
10/27/2020ScotiabankBoost TargetSector Perform$122.00 ➝ $144.00
10/23/2020CIBCBoost TargetOutperform$141.00 ➝ $162.00
10/8/2020TD SecuritiesBoost TargetBuy$150.00 ➝ $165.00
8/9/2020National Bank FinancialReiterated RatingBuy$128.00
7/31/2020BMO Capital MarketsBoost TargetMarket Perform$101.00 ➝ $125.00
7/24/2020TD SecuritiesBoost TargetBuy$140.00 ➝ $150.00
5/8/2020Royal Bank of CanadaLower TargetOutperform$171.00 ➝ $168.00
5/5/2020BMO Capital MarketsLower TargetMarket Perform$105.00 ➝ $101.00
5/1/2020CIBCLower TargetOutperform$134.00 ➝ $130.00
4/15/2020CIBCLower TargetOutperform$178.00 ➝ $134.00
4/7/2020TD SecuritiesUpgradeBuy
3/27/2020Royal Bank of CanadaLower TargetOutperform$190.00 ➝ $171.00
3/26/2020BMO Capital MarketsReiterated RatingHold$105.00
2/14/2020CIBCReiterated RatingBuy$178.00
2/11/2019BarclaysDowngradeOverweight ➝ Equal Weight
(Data available from 9/26/2017 forward)

News Sentiment Rating

0.15 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/28/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/30/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/29/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/29/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/28/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/28/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/27/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/26/2022

Current Sentiment

  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Canadian Tire logo
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, tires as well as automotive repair and roadside assistance; kitchen, home organization, decor and essentials, home electronics, pet, and cleaning and consumable products; tools, hardware, paint, electrical, plumbing, home environment, and smart home products; and outdoor recreation, exercise, footwear and apparel, hunting, fishing, camping, and sporting goods. It also retails Christmas trees, lights and decor, Halloween décor and costumes, yard care and maintenance, and snow removal equipment; patio furniture, barbeques, pools, trampolines, outdoor power equipment and tools, plants and gardening supplies; backyard amusement, pool fun, and toys and games; gasoline; sporting goods and active wear; casual and industrial apparel and footwear; and outerwear, base-layer, and workwear. This segment offers its products under the Canadian Tire, Canadian Tire Gas, Mark's, PartSource, Helly Hansen, Party City, and SportChek brand names. 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 368 properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, industrial properties, a mixed-use commercial property, and development properties. The Financial Services segment provides financial and other ancillary products and services, including consumer credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada.
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Today's Range

Now: $107.30
Low: $107.30
High: $110.09

50 Day Range

MA: $125.21
Low: $107.30
High: $133.87

52 Week Range

Now: $107.30
Low: $107.30
High: $157.09

Volume

161 shs

Average Volume

773 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 Group Inc., Desjardins, National Bank Financial, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for CDNAF.

What is the current price target for Canadian Tire?

8 Wall Street analysts have set twelve-month price targets for Canadian Tire in the last year. Their average twelve-month price target is $221.25, suggesting a possible upside of 106.2%. Scotiabank has the highest price target set, predicting CDNAF will reach $258.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $184.00 for Canadian Tire in the next year.
View the latest price targets for CDNAF.

What is the current consensus analyst rating for Canadian Tire?

Canadian Tire currently has 4 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.
View the latest ratings for CDNAF.

What other companies compete with Canadian Tire?

Other companies that are similar to Canadian Tire include Alcanna, ASOS, Bluestem Group, Ceconomy and Currys. Learn More about companies similar to Canadian Tire.

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

Canadian Tire's physical mailing address is 2180 Yonge Street, Toronto, ON M4P. The company's listed phone number is (416) 480-3000. The official website for Canadian Tire is www.corp.canadiantire.ca. Learn More about contacing Canadian Tire investor relations.