Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its target price decreased by research analysts at Scotiabank from C$85.00 to C$83.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Scotiabank's target price would indicate a potential upside of 17.60% from the stock's previous close.
A number of other brokerages have also issued reports on ATD. Desjardins dropped their price objective on shares of Alimentation Couche-Tard from C$84.00 to C$82.00 and set a "buy" rating for the company in a report on Thursday. CIBC dropped their price target on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 and set an "outperform" rating for the company in a research note on Thursday. BMO Capital Markets reduced 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. TD Securities decreased their price objective on Alimentation Couche-Tard from C$90.00 to C$89.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Finally, Canaccord Genuity Group raised their target price on Alimentation Couche-Tard from C$83.00 to C$85.00 in a research note on Wednesday, November 20th. Ten investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$86.33.
Check Out Our Latest Stock Report on Alimentation Couche-Tard
Alimentation Couche-Tard Trading Up 0.3 %
Alimentation Couche-Tard stock traded up C$0.21 during trading on Thursday, reaching C$70.58. 590,355 shares of the company were exchanged, compared to its average volume of 1,326,893. 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 stock's 50 day simple moving average is C$72.96 and its two-hundred day simple moving average is C$75.61. The company has a market capitalization of C$46.89 billion, a P/E ratio of 18.41, a PEG ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a 52-week low of C$65.95 and a 52-week high of C$85.53.
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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