Steve Frazier Buys 350 Shares of Canadian Tire Co. Limited (TSE:CTC.A) Stock

Canadian Tire Co. Limited (TSE:CTC.A) Director Steve Frazier bought 350 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average price of C$152.56 per share, with a total value of C$53,397.68.

Canadian Tire Stock Down 0.2 %

CTC.A opened at C$154.76 on Wednesday. The company has a market capitalization of C$8.08 billion, a P/E ratio of 22.59, a P/E/G ratio of 0.35 and a beta of 1.33. The company has a debt-to-equity ratio of 173.58, a current ratio of 1.79 and a quick ratio of 1.15. The firm’s fifty day moving average price is C$154.56 and its two-hundred day moving average price is C$149.02. Canadian Tire Co. Limited has a fifty-two week low of C$126.25 and a fifty-two week high of C$163.00.

Analyst Ratings Changes

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

Canadian Tire Company Profile

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.