Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its target price reduced by equities research analysts at Canaccord Genuity Group from C$85.00 to C$84.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 18.63% from the stock's current price.
ATD has been the topic of a number of other research reports. CIBC cut their price target on shares of Alimentation Couche-Tard from C$89.00 to C$87.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. National Bank Financial raised shares of Alimentation Couche-Tard from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Scotiabank set a C$91.00 price target on shares of Alimentation Couche-Tard and gave the company an "outperform" rating in a research report on Friday, December 20th. BMO Capital Markets cut their price target on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 in a research report on Monday, February 10th. Finally, Desjardins cut 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 research report on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$88.00.
View Our Latest Report on ATD
Alimentation Couche-Tard Trading Down 1.6 %
Shares of Alimentation Couche-Tard stock traded down C$1.12 during trading on Thursday, hitting C$70.81. The company's stock had a trading volume of 1,146,368 shares, compared to its average volume of 1,197,262. 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 has a 52 week low of C$69.86 and a 52 week high of C$85.53. The stock has a market cap of C$47.05 billion, a price-to-earnings ratio of 18.47, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The stock has a 50-day moving average price of C$75.58 and a two-hundred day moving average price of C$76.60.
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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