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Tim Hortons Inc. (THI) [hlAlert]

Rating:
Sector Outperform
THI
up 53.45 %

Tim Hortons Inc. (THI) upgraded to Sector Outperform by CIBC Wrld Mkts

Posted on: Thursday,  May 9, 2013  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Tim Hortons Inc. (NYSE: THI) on 05/09/2013, when the stock price was $55.99.
Since then, Tim Hortons Inc. has gained 53.46% as of 12/12/2015's recent price of $85.92.
If you would have followed this CIBC Wrld Mkts's recommendation on THI, you would have gained 53.45% of your investment in 947 days.

Tim Hortons Inc. is a quick service restaurant chain. The Company?s offerings include a range of consumer tastes, with a menu that includes coffee, flavoured cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh baked goods, including its donuts. As of December 28, 2008, franchisees, including operators, operated 99% of its systemwide restaurants. The Company directly owns and operates (without franchisees) only a small number of restaurants in Canada and the United States. It also has warehouse and distribution operations that supply paper and dry goods to its Canadian restaurants, and supply frozen baked goods and some refrigerated products to most of its Ontario restaurants. In the United States, the Company supplies products to system restaurants through third-party distributors. Its operations also include a coffee roasting plant, a joint-venture bakery, and a fondant and fills manufacturing facility.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2013 8:25 AM Buy
None
55.99
as of 12/13/2013
1 Week down  -0.92 %
1 Month down  -4.28 %
3 Months up  1.83 %
1 YTD up  3.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/10/2008 10:25 AM Hold
None
24.40

(*) Stock Price at the time of the recommendation.
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