Alimentation Couche-Tard (TSE:ATD - Get Free Report) has been given a C$91.00 price objective by investment analysts at Scotiabank in a report released on Friday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Scotiabank's target price would suggest a potential upside of 12.64% from the company's previous close.
ATD has been the topic of a number of other research reports. CIBC boosted their price objective on shares of Alimentation Couche-Tard from C$88.00 to C$89.00 in a report on Wednesday, November 27th. JPMorgan Chase & Co. raised their price objective on shares of Alimentation Couche-Tard from C$83.00 to C$87.00 in a research note on Thursday, September 19th. Stifel Nicolaus increased their target price on Alimentation Couche-Tard from C$86.00 to C$88.00 in a report on Friday, September 6th. National Bankshares boosted their price target on Alimentation Couche-Tard from C$85.00 to C$87.00 in a report on Wednesday, November 27th. Finally, Royal Bank of Canada cut their price objective on shares of Alimentation Couche-Tard from C$96.00 to C$94.00 in a research report on Thursday, September 5th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of C$88.83.
Check Out Our Latest Analysis on ATD
Alimentation Couche-Tard Price Performance
Shares of Alimentation Couche-Tard stock traded up C$1.25 during trading on Friday, reaching C$80.79. The company's stock had a trading volume of 4,988,771 shares, compared to its average volume of 1,483,218. The business has a 50 day moving average price of C$77.46 and a 200-day moving average price of C$78.16. The company has a market capitalization of C$76.59 billion, a P/E ratio of 20.88, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 102.11. Alimentation Couche-Tard has a 12-month low of C$71.31 and a 12-month high of C$87.27.
About Alimentation Couche-Tard
(
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Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.
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