Canadian Tire Corp:Stocks Analysts Recently Upgraded on TSX (CTC-A)
Canadian Tire Corp Ltd is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| CTC-A | Canadian Tire Corp Ltd | 2 | 1 | 6 | 1 | 0 | 0 | 3.4 | 3.2 | Hold |
| CTC | Canadian Tire Corp Ltd | 2 | 1 | 6 | 1 | 0 | 0 | 3.4 | 3.2 | Hold |
| TOY | Spin Master Corp | 6 | 1 | 1 | 0 | 0 | 0 | 4.625 | 4.375 | Buy |
| CRR-UN | Crombie Real Estate Investment Trust | 5 | 2 | 1 | 0 | 0 | 0 | 4.5 | 4.25 | Outperform |
| KNT | K92 Mining Inc | 6 | 2 | 1 | 0 | 0 | 0 | 4.5556 | 4.3333 | Buy |
| KSI | kneat.com Inc | 2 | 3 | 0 | 0 | 0 | 0 | 4.4 | 4.2 | Outperform |
| MDP | Medexus Pharmaceuticals Inc | 2 | 3 | 1 | 0 | 0 | 0 | 4.1667 | 4 | Outperform |
All data provided as of August 08, 2024.
More about Canadian Tire Corp Ltd
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The firm operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, Party City, and Helly Hansen.
Canadian Tire Corp Ltd is listed under CTC-A on the Toronto Stock Exchange.
Artificial intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
