Cara Operations Ltd (TSE:CAO) has earned a consensus rating of “Buy” from the seven analysts that are presently covering the firm. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$32.93.
A number of equities analysts have issued reports on CAO shares. Scotiabank restated an “outperform” rating and set a C$33.50 target price on shares of Cara Operations in a research report on Wednesday, September 21st. National Bank Financial restated an “outperform” rating and set a C$34.00 target price on shares of Cara Operations in a research report on Wednesday, September 7th. Royal Bank Of Canada restated an “outperform” rating and set a C$34.00 target price on shares of Cara Operations in a research report on Friday, September 2nd. Finally, CIBC lifted their target price on shares of Cara Operations from C$28.50 to C$29.00 and gave the stock a “sector perform” rating in a research report on Monday, August 8th.
Cara Operations (TSE:CAO) traded down 0.07% during trading on Tuesday, hitting $26.93. 6,750 shares of the company were exchanged. The company has a market capitalization of $1.32 billion and a price-to-earnings ratio of 12.84. Cara Operations has a 12 month low of $22.85 and a 12 month high of $36.98. The company has a 50-day moving average of $29.62 and a 200-day moving average of $29.72.
Cara Operations Company Profile
Cara Operations Limited is a Canada-based full service restaurant operator and franchisor. The Company operates through three segments: corporate restaurants, franchise restaurants and central operations. The corporate restaurant segment includes the operations of the Company-owned restaurants, which generate revenues from the direct sale of prepared food and beverages to customers.
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