Raymond James Financial, Inc. Raises Cara Operations Ltd (CARA) Price Target to C$26.00
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.
WARNING: This piece of content was reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://theolympiareport.com/2017/11/10/raymond-james-financial-inc-raises-cara-operations-ltd-cara-price-target-to-c26-00.html.
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.
Receive News & Ratings for Cara Operations Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cara Operations Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.