Stifel Nicolaus Issues Pessimistic Forecast for Alimentation Couche-Tard (TSE:ATD) Stock Price

Alimentation Couche-Tard (TSE:ATD - Free Report) had its price target decreased by Stifel Nicolaus from C$88.00 to C$86.00 in a research report released on Thursday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. BMO Capital Markets dropped their price objective on Alimentation Couche-Tard from C$87.00 to C$85.00 in a report on Monday, February 10th. CIBC dropped their price target on Alimentation Couche-Tard from C$87.00 to C$85.00 and set an "outperform" rating on the stock in a research note on Thursday. Canaccord Genuity Group boosted their price objective on Alimentation Couche-Tard from C$83.00 to C$85.00 in a research note on Wednesday, November 20th. National Bankshares lowered their target price on shares of Alimentation Couche-Tard from C$88.00 to C$86.00 and set an "outperform" rating on the stock in a research report on Thursday. Finally, Desjardins reduced their price target on shares of Alimentation Couche-Tard from C$84.00 to C$82.00 and set a "buy" rating for the company in a research report on Thursday. Ten analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$86.33.

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Alimentation Couche-Tard Stock Up 0.3 %

Shares of Alimentation Couche-Tard stock traded up C$0.21 during trading hours on Thursday, hitting C$70.58. The company had a trading volume of 590,355 shares, compared to its average volume of 1,326,893. The company's 50-day moving average is C$72.96 and its two-hundred day moving average is C$75.61. Alimentation Couche-Tard has a twelve month low of C$65.95 and a twelve month high of C$85.53. 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 cap of C$46.89 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard Company Profile

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.