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Canadian Tire Corp:Stocks Analysts Recently Upgraded on TSX (CTC)

AI-generated - The Globe and Mail - Mon Aug 12, 8:22PM CDT

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.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
CTC-ACanadian Tire Corp Ltd2161003.43.2Hold
CTCCanadian Tire Corp Ltd2161003.43.2Hold
TOYSpin Master Corp6110004.6254.375Buy
CRR-UNCrombie Real Estate Investment Trust5210004.54.25Outperform
KNTK92 Mining Inc6210004.55564.3333Buy
KSIkneat.com Inc2300004.44.2Outperform
MDPMedexus Pharmaceuticals Inc2310004.16674Outperform

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 on the Toronto Stock Exchange.

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