Bank of Canada Policy Rate: The Bank of Canada maintained its policy rate at 2.25%, reflecting economic growth and a strong labor market, despite previous rate cuts in recent months.
Economic Growth and Labor Market: Canada's economy grew by 2.6% in the third quarter, driven by trade volatility, while the unemployment rate fell to 6.5% in November, indicating improvements in the labor market.
Future Economic Outlook: The bank anticipates growth in final domestic demand for the fourth quarter but expects overall GDP to remain weak due to declining net exports, with growth projected to pick up in 2026 amid high uncertainty.
Inflation and Policy Response: The Bank of Canada aims to keep inflation near 2% and is prepared to adjust its policy rate if economic conditions change significantly.
Wall Street analysts forecast FLCA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLCA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast FLCA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FLCA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 49.180
Low
Averages
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Current: 49.180
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
