Alimentation Couche-Tard (TSE:ATD) Price Target Cut to C$94.00 by Analysts at UBS Group

Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its price target decreased by stock analysts at UBS Group from C$97.00 to C$94.00 in a research note issued on Monday,BayStreet.CA reports. UBS Group's price target points to a potential upside of 33.09% from the stock's previous close.

A number of other equities analysts have also commented on the stock. National Bank Financial raised shares of Alimentation Couche-Tard from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 7th. Canaccord Genuity Group increased their price target on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. Desjardins decreased their price target on shares of 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. Scotiabank cut their price objective on shares of Alimentation Couche-Tard from C$91.00 to C$85.00 and set an "outperform" rating for the company in a research note on Tuesday, March 4th. Finally, CIBC cut their price objective on shares of Alimentation Couche-Tard from C$89.00 to C$87.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Twelve equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$86.31.

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Alimentation Couche-Tard Trading Down 0.0 %

TSE ATD traded down C$0.02 during mid-day trading on Monday, reaching C$70.63. 1,408,486 shares of the stock were exchanged, compared to its average volume of 1,315,990. The stock has a 50 day simple moving average of C$73.08 and a 200-day simple moving average of C$75.65. The stock has a market cap of C$46.93 billion, a P/E ratio of 18.42, a P/E/G ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a one year low of C$65.95 and a one year 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.

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.