Jean Coutu Group PJC Inc (TSE:PJC.A) has been given a C$20.00 price target by investment analysts at TD Securities in a research report issued on Sunday, April 30th. The firm currently has a “reduce” rating on the stock.
A number of other analysts also recently commented on the company. Royal Bank of Canada reaffirmed an “underperform” rating and set a C$20.00 price target on shares of Jean Coutu Group PJC in a research report on Friday, April 21st. Scotiabank reaffirmed a “sector perform” rating and set a C$19.00 price target on shares of Jean Coutu Group PJC in a research report on Monday, January 9th. CIBC increased their price target on Jean Coutu Group PJC from C$19.00 to C$22.00 in a research report on Friday, April 28th. BMO Capital Markets set a C$21.00 target price on Jean Coutu Group PJC and gave the stock a “market perform” rating in a research report on Friday, April 28th. Finally, Desjardins downgraded Jean Coutu Group PJC from a “hold” rating to a “sell” rating and decreased their target price for the stock from C$21.00 to C$20.00 in a research report on Friday, April 28th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Jean Coutu Group PJC presently has an average rating of “Hold” and an average price target of C$20.79.
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Jean Coutu Group PJC Company Profile
The Jean Coutu Group (PJC) Inc is a Canada-based company, which is engaged in franchising pharmacy chains. The Company operates through two segments: franchising and generic drugs. Within the franchising segment, the Company carries on the franchising activity under the banners of PJC Jean Coutu, PJC Clinique, PJC Jean Coutu Sante and PJC Jean Coutu Sante Beaute; operates approximately two distribution centers, and coordinates various other services for its franchisees.
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