|Day's Range||79.12 - 80.00|
|52 Week Range||62.36 - 82.30|
|PE Ratio (TTM)||12.63|
|Earnings Date||Aug 29, 2017|
|Dividend & Yield||2.26 (3.80%)|
|1y Target Est||85.00|
TORONTO, June 22, 2017 /CNW/ - Global car sales fell 2.5% below a year earlier in April, marking the first monthly year-over-year decline in nearly two years. Canadian auto sales have exceeded expectations this year as strengthening economic growth has led to a sharp rebound in purchases in the resource-rich Prairie provinces, particularly Alberta, including a recovery in fleet volumes. Car and light truck sales surged 11% y/y in Canada last month – the largest gain in almost three years. "We've raised our 2017 Canadian sales forecast to 2 million units, up from 1.94 million due to a stronger-than-expected recovery in the Prairies," said Carlos Gomes, Senior Economist and Auto Industry Specialist, Scotiabank.
Canadian auto sales forecast increased to record-setting pace: Scotiabank
Canada's main stock index rose on Wednesday as gains in resource stocks, bolstered in part by steadier prices of hard-hit commodities, helped lift the market. Suncor Energy was among the most influential ...