Canadian Tire (TSE:CTC) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Canadian Tire Co., Limited ( TSE:CTC – Get Free Report )’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$217.

65 and traded as low as C$216.00. Canadian Tire shares last traded at C$218.



50, with a volume of 1,117 shares changing hands. Analysts Set New Price Targets CTC has been the topic of a number of recent research reports. BMO Capital Markets raised Canadian Tire from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 20th.

Scotiabank set a C$140.00 price target on shares of Canadian Tire and gave the company an “underperform” rating in a report on Friday, February 7th. View Our Latest Research Report on Canadian Tire Canadian Tire Stock Performance Canadian Tire Company Profile ( Get Free Report ) Canadian Tire Corporation, Limited, (TSX: CTC.

A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Further Reading Receive News & Ratings for Canadian Tire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Tire and related companies with MarketBeat.

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