Cara Operations Ltd (TSE:CARA) had its target price increased by Raymond James Financial, Inc. from C$25.00 to C$26.00 in a report published on Tuesday morning. Raymond James Financial, Inc. currently has a market perform rating on the stock.

A number of other analysts have also commented on CARA. Scotiabank cut their price target on Cara Operations from C$34.00 to C$32.00 and set an outperform rating on the stock in a research note on Wednesday, August 2nd. Royal Bank Of Canada lowered their price objective on Cara Operations from C$31.00 to C$29.00 and set an outperform rating for the company in a research report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of C$27.42.

Shares of Cara Operations (TSE:CARA) opened at C$24.41 on Tuesday. Cara Operations has a 12 month low of C$21.20 and a 12 month high of C$27.47.

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About Cara Operations

Cara Operations Limited operates and franchises full service restaurants. It operates through four segments: Corporate Restaurants, Franchise Restaurants, Food Processing and Distribution, and Central Operations. As of December 25, 2016, the company operated 1,237 restaurants, including 1,183 restaurants in Canada and 54 locations internationally under the Swiss Chalet, Harvey's, St-Hubert, Milestones, Montana's, Kelsey's, East Side Mario's, Casey's, New York Fries, Prime Pubs, Original Joe's, State & Main, Elephant & Castle, Bier Markt, and Landing brand names.

Analyst Recommendations for Cara Operations (TSE:CARA)

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