A number of stock research firms have changed their ratings and price targets for Tim Hortons (NYSE: THI) during the last seven days:
- Tim Hortons had its price target lowered by analysts at RBC Capital from $58.00 to $54.00. They now have a “sector perform” rating on the stock.
- Tim Hortons had its price target lowered by analysts at Raymond James from $52.00 to $50.00. They now have a “market perform” rating on the stock.
- Tim Hortons had its price target lowered by analysts at Scotiabank from $57.00 to $56.00. They now have an “outperform” rating on the stock.
- Tim Hortons had its price target lowered by analysts at Desjardins from $55.00 to $53.00.
- Tim Hortons had its price target lowered by analysts at Canaccord Genuity from $51.00 to $50.00. They now have a “hold” rating on the stock.
Shares of Tim Hortons opened at 48.24 on Wednesday. Tim Hortons has a one year low of $45.41 and a one year high of $58.47. The stock’s 50-day moving average is currently $49.67. The company has a market cap of $7.385 billion and a P/E ratio of 18.27.
Tim Hortons Inc. is a quick service restaurant chain in North America. The Company’s menu includes coffee, espresso-based hot and cold specialty drinks, including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including its trademark donuts.
