Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its target price reduced by research analysts at TD Securities from C$90.00 to C$89.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. TD Securities' target price would suggest a potential upside of 26.67% from the company's current price.
Other analysts have also issued research reports about the stock. Scotiabank set a C$91.00 price target on shares of Alimentation Couche-Tard and gave the stock an "outperform" rating in a research report on Friday, December 20th. Desjardins reduced their target price on Alimentation Couche-Tard from C$87.00 to C$84.00 and set a "hold" rating on the stock in a report on Tuesday, February 11th. Canaccord Genuity Group boosted their price target on Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. National Bankshares raised their price objective on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. Finally, National Bank Financial upgraded Alimentation Couche-Tard from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of C$88.50.
Check Out Our Latest Report on Alimentation Couche-Tard
Alimentation Couche-Tard Price Performance
ATD stock traded down C$0.78 during midday trading on Tuesday, reaching C$70.26. The company had a trading volume of 1,449,260 shares, compared to its average volume of 1,156,862. Alimentation Couche-Tard has a 1-year low of C$69.86 and a 1-year high of C$87.27. The stock has a 50 day moving average price of C$76.47 and a 200-day moving average price of C$76.97. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The company has a market capitalization of C$46.68 billion, a price-to-earnings ratio of 18.33, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.
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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