Scotiabank set a C$32.00 price objective on Cara Operations Ltd (TSE:CARA) in a research note released on Thursday morning. The brokerage currently has an outperform rating on the stock.
Separately, CIBC lowered their target price on shares of Cara Operations from C$29.00 to C$28.00 in a report on Friday, November 11th.
Shares of Cara Operations (TSE:CARA) opened at 25.57 on Thursday. The stock has a 50 day moving average of $26.47 and a 200 day moving average of $28.66. The stock has a market cap of $1.50 billion and a PE ratio of 12.86. Cara Operations has a 1-year low of $22.85 and a 1-year high of $33.59.