Canadian Tire Co. Limited (TSE:CTC.A) Director Acquires C$53,397.68 in Stock

Canadian Tire Co. Limited (TSE:CTC.A) Director Steve Frazier bought 350 shares of the stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of C$152.56 per share, for a total transaction of C$53,397.68.

Canadian Tire Trading Down 0.2 %

Shares of TSE CTC.A opened at C$154.76 on Wednesday. Canadian Tire Co. Limited has a 1-year low of C$126.25 and a 1-year high of C$163.00. The company has a 50-day moving average of C$154.56 and a two-hundred day moving average of C$149.02. The company has a market cap of C$8.08 billion, a PE ratio of 22.59, a P/E/G ratio of 0.35 and a beta of 1.33. The company has a current ratio of 1.79, a quick ratio of 1.15 and a debt-to-equity ratio of 173.58.

Analyst Ratings Changes

A number of equities analysts have commented on CTC.A shares. CIBC boosted their price target on shares of Canadian Tire from C$160.00 to C$165.00 in a research report on Friday, November 8th. Royal Bank of Canada lifted their target price on shares of Canadian Tire from C$188.00 to C$192.00 in a research note on Friday, November 8th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$147.89.

About Canadian Tire

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.