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Canadian Tire - CTC.A Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$162.44
  • Forecasted Upside: 25.38%
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$129.56 As of 04/18/2024 01:00 AM ET
▲ +0.99 (0.77%)

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

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Analyst Price Target for CTC.A

Analyst Price Target is C$162.44
▲ +25.38% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Canadian Tire in the last 3 months. The average price target is C$162.44, with a high forecast of C$202.00 and a low forecast of C$146.00. The average price target represents a 25.38% upside from the last price of C$129.56.

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

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Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in Canadian Tire. This Hold 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
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/20/2024BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$170.00 ➝ C$150.00
2/16/2024Royal Bank of CanadaLower TargetOutperformC$199.00 ➝ C$195.00
2/16/2024TD SecuritiesLower TargetHoldC$160.00 ➝ C$155.00
2/16/2024National BanksharesLower TargetSector PerformC$152.00 ➝ C$146.00
2/16/2024ScotiabankLower TargetOutperformC$158.00 ➝ C$150.00
2/16/2024DesjardinsLower TargetBuyC$170.00 ➝ C$160.00
2/16/2024CIBCLower TargetNeutralC$153.00 ➝ C$150.00
2/9/2024ScotiabankLower TargetOutperformC$160.00 ➝ C$148.00
2/7/2024Canaccord Genuity GroupDowngradeBuy ➝ HoldC$167.00 ➝ C$154.00
11/13/2023DesjardinsLower TargetBuyC$180.00 ➝ C$170.00
11/10/2023Royal Bank of CanadaLower TargetOutperformC$205.00 ➝ C$199.00
11/10/2023TD SecuritiesLower TargetHoldC$185.00 ➝ C$160.00
11/10/2023ScotiabankLower TargetOutperformC$172.00 ➝ C$160.00
11/10/2023BMO Capital MarketsLower TargetOutperformC$180.00 ➝ C$170.00
11/10/2023National BanksharesLower TargetSector PerformC$166.00 ➝ C$152.00
11/10/2023CIBCLower TargetNeutralC$177.00 ➝ C$153.00
11/10/2023Canaccord Genuity GroupLower TargetBuyC$172.00 ➝ C$167.00
11/7/2023DesjardinsLower TargetBuyC$190.00 ➝ C$180.00
11/1/2023Royal Bank of CanadaLower TargetOutperformC$208.00 ➝ C$205.00
11/1/2023Canaccord Genuity GroupLower TargetBuyC$182.00 ➝ C$172.00
10/30/2023ScotiabankLower TargetOutperformC$191.00 ➝ C$172.00
10/30/2023CIBCSet TargetNeutralC$177.00
10/16/2023National BanksharesLower TargetSector PerformC$184.00 ➝ C$166.00
8/11/2023TD SecuritiesDowngradeBuy ➝ HoldC$210.00 ➝ C$185.00
8/11/2023CIBCLower TargetC$195.00 ➝ C$177.00
8/11/2023National BanksharesDowngradeOutperform ➝ Sector PerformC$193.00 ➝ C$184.00
8/11/2023BMO Capital MarketsLower TargetC$196.00 ➝ C$180.00
8/11/2023Royal Bank of CanadaLower TargetOutperformC$225.00 ➝ C$208.00
8/1/2023ScotiabankBoost TargetOutperformC$196.00 ➝ C$206.00
7/7/2023TD SecuritiesLower TargetBuyC$215.00 ➝ C$210.00
5/2/2023Canaccord Genuity GroupLower TargetC$203.00 ➝ C$202.00
5/2/2023ScotiabankBoost TargetC$196.00 ➝ C$200.00
4/19/2023National BanksharesBoost TargetOutperformC$195.00 ➝ C$201.00
2/17/2023National BanksharesBoost TargetOutperformC$164.00 ➝ C$195.00
2/17/2023TD SecuritiesBoost TargetBuyC$200.00 ➝ C$215.00
2/17/2023Royal Bank of CanadaBoost TargetOutperformC$222.00 ➝ C$225.00
2/17/2023Canaccord Genuity GroupBoost TargetC$181.00 ➝ C$203.00
2/17/2023CIBCBoost TargetOutperformC$185.00 ➝ C$195.00
2/17/2023DesjardinsBoost TargetC$195.00 ➝ C$205.00
2/17/2023ScotiabankBoost TargetC$180.00 ➝ C$196.00
2/17/2023BMO Capital MarketsReiterated RatingBuyC$181.00 ➝ C$196.00
2/7/2023Canaccord Genuity GroupLower TargetC$182.00 ➝ C$181.00
2/7/2023Royal Bank of CanadaLower TargetC$234.00 ➝ C$222.00
2/1/2023BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$160.00 ➝ C$181.00
1/30/2023National BanksharesLower TargetOutperformC$167.00 ➝ C$164.00
11/11/2022TD SecuritiesLower TargetBuyC$215.00 ➝ C$200.00
11/11/2022National BanksharesLower TargetC$196.00 ➝ C$167.00
11/11/2022CIBCLower TargetOutperformC$214.00 ➝ C$185.00
11/11/2022DesjardinsLower TargetC$215.00 ➝ C$195.00
11/11/2022BMO Capital MarketsLower TargetC$184.00 ➝ C$160.00
11/11/2022ScotiabankLower TargetC$184.00 ➝ C$180.00
11/2/2022Canaccord Genuity GroupLower TargetC$201.00 ➝ C$195.00
10/19/2022National BanksharesLower TargetOutperformC$213.00 ➝ C$196.00
10/18/2022TD SecuritiesLower TargetBuyC$250.00 ➝ C$215.00
10/3/2022ScotiabankLower TargetC$258.00 ➝ C$184.00
8/12/2022DesjardinsLower TargetC$225.00 ➝ C$215.00
8/12/2022Royal Bank of CanadaLower TargetOutperformC$235.00 ➝ C$234.00
8/12/2022National BanksharesLower TargetOutperformC$215.00 ➝ C$213.00
8/4/2022National BanksharesLower TargetOutperformC$222.00 ➝ C$215.00
7/28/2022CIBCLower TargetC$222.00 ➝ C$216.00
7/27/2022Royal Bank of CanadaLower TargetOutperformC$260.00 ➝ C$235.00
5/16/2022National BanksharesBoost TargetOutperformC$212.00 ➝ C$222.00
5/16/2022CIBCBoost TargetOutperformC$220.00 ➝ C$222.00
5/13/2022BMO Capital MarketsLower TargetC$187.00 ➝ C$184.00
5/13/2022Canaccord Genuity GroupUpgradeBuyC$208.00
5/10/2022CIBCLower TargetOutperformC$244.00 ➝ C$220.00
5/10/2022National BanksharesLower TargetOutperformC$236.00 ➝ C$212.00
3/17/2022ScotiabankBoost TargetC$270.00 ➝ C$273.00
3/11/2022BMO Capital MarketsLower TargetC$206.00 ➝ C$187.00
3/11/2022National BanksharesBoost TargetOutperformC$231.00 ➝ C$236.00
2/18/2022Canaccord Genuity GroupBoost TargetC$218.00 ➝ C$222.00
2/18/2022Boenning ScattergoodBoost TargetBuyC$234.00 ➝ C$244.00
2/18/2022Royal Bank of CanadaBoost TargetOutperformC$255.00 ➝ C$260.00
2/18/2022TD SecuritiesBoost TargetBuyC$240.00 ➝ C$250.00
2/18/2022National BanksharesBoost TargetOutperformC$221.00 ➝ C$231.00
11/15/2021CfraLower TargetHoldC$210.00 ➝ C$190.00
11/12/2021BMO Capital MarketsLower TargetC$216.00 ➝ C$206.00
11/12/2021National BanksharesLower TargetOutperformC$225.00 ➝ C$221.00
11/1/2021Royal Bank of CanadaBoost TargetOutperformC$251.00 ➝ C$255.00
10/28/2021National Bank FinancialLower TargetOutperformC$226.00 ➝ C$225.00
10/28/2021National BanksharesLower TargetOutperformC$226.00 ➝ C$225.00
8/13/2021National Bank FinancialBoost TargetOutperformC$219.00 ➝ C$226.00
8/13/2021BMO Capital MarketsLower TargetC$223.00 ➝ C$216.00
8/13/2021ScotiabankBoost TargetC$242.00 ➝ C$250.00
8/13/2021National BanksharesBoost TargetOutperformC$219.00 ➝ C$226.00
8/13/2021Royal Bank of CanadaBoost TargetOutperformC$232.00 ➝ C$251.00
8/13/2021CIBCReiterated RatingOutperformC$234.00
5/16/2021National Bank FinancialBoost TargetOutperformC$201.00 ➝ C$219.00
5/16/2021National BanksharesBoost TargetOutperformC$201.00 ➝ C$219.00
5/14/2021BMO Capital MarketsBoost TargetC$178.00 ➝ C$223.00
5/14/2021ScotiabankBoost TargetC$205.00 ➝ C$242.00
5/14/2021CIBCBoost TargetOutperformC$202.00 ➝ C$234.00
5/14/2021Royal Bank of CanadaBoost TargetOutperformC$215.00 ➝ C$232.00
5/14/2021TD SecuritiesBoost TargetBuyC$210.00 ➝ C$240.00
5/10/2021National Bank FinancialBoost TargetOutperformC$199.00 ➝ C$201.00
5/10/2021National BanksharesBoost TargetOutperformC$199.00 ➝ C$201.00
4/19/2021Royal Bank of CanadaBoost TargetOutperformC$211.00 ➝ C$215.00
2/19/2021Royal Bank of CanadaBoost TargetOutperformC$198.00 ➝ C$211.00
2/19/2021BMO Capital MarketsBoost TargetC$157.00 ➝ C$178.00
2/19/2021CIBCBoost TargetC$198.00 ➝ C$202.00
2/19/2021National Bank FinancialBoost TargetOutperformC$189.00 ➝ C$199.00
2/19/2021ScotiabankBoost TargetC$185.00 ➝ C$205.00
2/12/2021CIBCBoost TargetC$173.00 ➝ C$198.00
2/10/2021Royal Bank of CanadaBoost TargetOutperformC$175.00 ➝ C$198.00
1/28/2021National Bank FinancialLower TargetOutperformC$190.00 ➝ C$189.00
1/18/2021National Bank FinancialBoost TargetOutperformC$168.00 ➝ C$190.00
1/13/2021TD SecuritiesBoost TargetBuyC$185.00 ➝ C$210.00
11/12/2020National Bank FinancialBoost TargetOutperformC$156.00 ➝ C$168.00
11/6/2020BMO Capital MarketsBoost TargetC$136.00 ➝ C$157.00
11/6/2020National Bank FinancialBoost TargetOutperformC$156.00 ➝ C$168.00
11/6/2020TD SecuritiesDowngradeAction List Buy ➝ BuyC$165.00 ➝ C$185.00
10/27/2020Royal Bank of CanadaBoost TargetOutperformC$168.00 ➝ C$173.00
10/26/2020ScotiabankBoost TargetC$122.00 ➝ C$144.00
10/25/2020National Bank FinancialBoost TargetOutperformC$128.00 ➝ C$156.00
10/22/2020CIBCBoost TargetC$141.00 ➝ C$162.00
10/19/2020National Bank FinancialBoost TargetOutperformC$128.00 ➝ C$156.00
10/14/2020Eight CapitalReiterated RatingNeutralC$150.00
10/9/2020BMO Capital MarketsBoost TargetC$125.00 ➝ C$136.00
10/7/2020TD SecuritiesBoost TargetAction List BuyC$150.00 ➝ C$165.00
8/7/2020ScotiabankBoost TargetC$117.00 ➝ C$122.00
8/7/2020CIBCBoost TargetC$130.00 ➝ C$141.00
8/7/2020National Bank FinancialBoost TargetOutperformC$126.00 ➝ C$128.00
7/31/2020BMO Capital MarketsBoost TargetC$101.00 ➝ C$125.00
7/27/2020National Bank FinancialBoost TargetOutperformC$119.00 ➝ C$126.00
7/24/2020TD SecuritiesBoost TargetAction List BuyC$140.00 ➝ C$150.00
5/8/2020Royal Bank of CanadaLower TargetOutperformC$171.00 ➝ C$168.00
5/8/2020National Bank FinancialLower TargetOutperformC$125.00 ➝ C$119.00
5/5/2020BMO Capital MarketsLower TargetC$101.00
5/1/2020National Bank FinancialLower TargetOutperformC$140.00 ➝ C$125.00
4/13/2020CIBCLower TargetC$178.00 ➝ C$134.00
4/7/2020TD SecuritiesUpgradeBuy ➝ Action List BuyC$190.00 ➝ C$140.00
3/26/2020National Bank FinancialLower TargetOutperformC$178.00 ➝ C$140.00
3/26/2020BMO Capital MarketsLower TargetC$159.00 ➝ C$105.00
3/26/2020Royal Bank of CanadaLower TargetOutperformC$190.00 ➝ C$171.00
2/14/2020CIBCBoost TargetC$173.00 ➝ C$178.00
2/14/2020National Bank FinancialBoost TargetOutperformC$174.00 ➝ C$178.00
2/14/2020Royal Bank of CanadaBoost TargetOutperformC$188.00 ➝ C$190.00
1/31/2020National Bank FinancialBoost TargetOutperformC$173.00 ➝ C$174.00
1/30/2020Royal Bank of CanadaLower TargetOutperformC$190.00 ➝ C$188.00
11/8/2019TD SecuritiesBoost TargetBuyC$185.00 ➝ C$190.00
11/8/2019BMO Capital MarketsBoost TargetC$147.00 ➝ C$159.00
11/8/2019CIBCBoost TargetC$167.00 ➝ C$173.00
11/8/2019National Bank FinancialBoost TargetOutperformC$166.00 ➝ C$173.00
8/9/2019TD SecuritiesLower TargetBuyC$195.00 ➝ C$185.00
8/9/2019BMO Capital MarketsLower TargetC$158.00 ➝ C$147.00
8/9/2019Royal Bank of CanadaLower TargetOutperformC$197.00 ➝ C$190.00
8/1/2019CIBCLower TargetC$170.00 ➝ C$167.00
6/20/2019BMO Capital MarketsReiterated RatingMarket PerformC$158.00
5/10/2019DesjardinsBoost TargetC$180.00 ➝ C$185.00
5/10/2019TD SecuritiesLower TargetBuyC$200.00 ➝ C$195.00
5/10/2019National Bank FinancialSet TargetC$166.00
5/8/2019Raymond JamesReiterated RatingOutperformC$175.00
5/6/2019National Bank FinancialLower TargetOutperformC$170.00 ➝ C$169.00
5/2/2019BMO Capital MarketsSet TargetMarket PerformC$158.00
4/29/2019Royal Bank of CanadaLower TargetOutperformC$203.00 ➝ C$197.00
(Data available from 4/19/2019 forward)

News Sentiment Rating

-0.61 (Sell)

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
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 0 very positive mentions
  • 7 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
2/19/2024
  • 2 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
Mentions as of
3/20/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2024

Current Sentiment

  • 0 very positive mentions
  • 2 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Canadian Tire logo
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. 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. The company was founded in 1922 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$129.56
Low: C$128.83
High: C$130.33

50 Day Range

MA: C$135.35
Low: C$127.77
High: C$142.49

52 Week Range

Now: C$129.56
Low: C$126.25
High: C$189.82

Volume

329,517 shs

Average Volume

253,420 shs

Market Capitalization

C$6.76 billion

P/E Ratio

34.28

Dividend Yield

5.25%

Beta

1.37

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., CIBC, Desjardins, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for CTC.A.

What is the current price target for Canadian Tire?

9 Wall Street analysts have set twelve-month price targets for Canadian Tire in the last year. Their average twelve-month price target is C$162.44, suggesting a possible upside of 25.4%. Canaccord Genuity Group Inc. has the highest price target set, predicting CTC.A will reach C$202.00 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$146.00 for Canadian Tire in the next year.
View the latest price targets for CTC.A.

What is the current consensus analyst rating for Canadian Tire?

Canadian Tire currently has 5 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CTC.A, but not buy more shares or sell existing shares.
View the latest ratings for CTC.A.

What other companies compete with Canadian Tire?

Other companies that are similar to Canadian Tire include Boyd Group Services, Gildan Activewear, Boyd Group Income Fund, Linamar and BRP. 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, Stn K PO Box 770, TORONTO, ON M4P 2V8, Canada. The company's listed phone number is +1-416-4808725. The official website for Canadian Tire is www.canadiantire.ca. Learn More about contacing Canadian Tire investor relations.