Analyst Activity – Scotiabank Raises Its Price Target On Cara Operations Ltd (TSE:CAO) to C$34.00

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Analyst Ratings For Cara Operations Ltd (TSE:CAO)

Today, Scotiabank raised its price target on Cara Operations Ltd (TSE:CAO) to C$34.00 per share.

There are 1 hold rating, 3 buy ratings on the stock.

The current consensus rating on Cara Operations Ltd (TSE:CAO) is Buy (Score: 2.75) with a consensus target price of C$31.88 per share, a potential .

Some recent analyst ratings include

  • 5/15/2017-CIBC Reiterated Rating of Neutral.
  • 9/7/2016-National Bank Financial Reiterated Rating of Outperform.
  • 4/1/2016-BMO Capital Markets Upgrade from a “Outperform” rating to a “” rating.


    About Cara Operations Ltd (TSE:CAO)
    Cara Operations Limited is a Canada-based full service restaurant operator and franchisor. The Company operates through three segments: corporate restaurants, franchise restaurants and central operations. The corporate restaurant segment includes the operations of the Company-owned restaurants, which generate revenues from the direct sale of prepared food and beverages to customers. The franchise restaurants segment represents the operations of its franchised restaurant network operating under the Company’s brand names. The central operations segment includes call center services, which earn fees from off-premise phone, mobile and Web orders processed for corporate and franchised restaurants, and income generated from the lease of certain equipment to franchisees, as well as the collection of new franchise and franchise renewal fees. It has over 10 brands and approximately 1,010 restaurants across Canada, approximately 88% of which are operated by franchisees.

    Recent Trading Activity for Cara Operations Ltd (TSE:CAO)
    Shares of Cara Operations Ltd closed the previous trading session at 25.03 up +0.14 0.56% with 15,376 shares trading hands.

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