Eight Capital Raises Jean Coutu Group PJC Inc (PJC.A) Price Target to C$24.50

Jean Coutu Group PJC Inc (TSE:PJC.A) had its target price raised by investment analysts at Eight Capital from C$21.00 to C$24.50 in a research note issued to investors on Tuesday.

A number of other research firms have also recently issued reports on PJC.A. Barclays PLC upgraded Jean Coutu Group PJC from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from C$17.00 to C$24.00 in a research report on Tuesday, October 3rd. Scotiabank lifted their target price on Jean Coutu Group PJC from C$22.50 to C$24.50 and gave the company a “sector perform” rating in a research report on Thursday, September 28th. Desjardins lifted their target price on Jean Coutu Group PJC from C$21.50 to C$24.50 and gave the company a “sell” rating in a research report on Thursday, September 28th. TD Securities lifted their target price on Jean Coutu Group PJC from C$21.00 to C$24.50 and gave the company a “hold” rating in a research report on Thursday, September 28th. Finally, Royal Bank Of Canada lifted their target price on Jean Coutu Group PJC from C$19.00 to C$24.50 and gave the company an “underperform” rating in a research report on Thursday, September 28th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$23.39.

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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.

Analyst Recommendations for Jean Coutu Group PJC (TSE:PJC.A)

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