Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its target price dropped by stock analysts at BMO Capital Markets from C$87.00 to C$85.00 in a report issued on Monday,BayStreet.CA reports. BMO Capital Markets' price objective indicates a potential upside of 17.48% from the company's current price.
Other equities analysts have also recently issued research reports about the company. Desjardins lifted their target price on Alimentation Couche-Tard from C$84.00 to C$85.00 in a report on Wednesday, November 27th. UBS Group set a C$97.00 price target on Alimentation Couche-Tard and gave the stock a "buy" rating in a research note on Friday, December 13th. National Bankshares raised their price target on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. CIBC raised their price target on Alimentation Couche-Tard from C$88.00 to C$89.00 in a research note on Wednesday, November 27th. Finally, Canaccord Genuity Group raised their price target on Alimentation Couche-Tard from C$83.00 to C$85.00 in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Alimentation Couche-Tard has an average rating of "Moderate Buy" and a consensus target price of C$88.58.
View Our Latest Report on Alimentation Couche-Tard
Alimentation Couche-Tard Trading Down 1.6 %
Shares of Alimentation Couche-Tard stock traded down C$1.21 on Monday, reaching C$72.35. The company had a trading volume of 1,195,485 shares, compared to its average volume of 1,133,789. The firm has a market cap of C$48.07 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 1.35 and a beta of 0.89. 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 firm's 50-day moving average price is C$77.63 and its two-hundred day moving average price is C$77.42. Alimentation Couche-Tard has a 1 year low of C$71.31 and a 1 year high of C$87.27.
Alimentation Couche-Tard Company Profile
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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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