Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its price objective increased by equities research analysts at JPMorgan Chase & Co. from C$83.00 to C$87.00 in a note issued to investors on Thursday, BayStreet.CA reports. JPMorgan Chase & Co.'s price objective points to a potential upside of 14.64% from the stock's current price.
ATD has been the topic of several other reports. Royal Bank of Canada cut their price objective on Alimentation Couche-Tard from C$96.00 to C$94.00 in a research report on Thursday, September 5th. Canaccord Genuity Group dropped their price target on Alimentation Couche-Tard from C$85.00 to C$83.00 in a research report on Friday, September 6th. Stifel Nicolaus increased their price objective on Alimentation Couche-Tard from C$86.00 to C$88.00 in a report on Friday, September 6th. CIBC lowered their price objective on Alimentation Couche-Tard from C$89.00 to C$88.00 in a research report on Friday, September 6th. Finally, Desjardins reduced their target price on shares of Alimentation Couche-Tard from C$96.00 to C$94.00 and set an "outperform" rating on the stock in a research report on Thursday, September 5th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of C$88.17.
Check Out Our Latest Stock Analysis on Alimentation Couche-Tard
Alimentation Couche-Tard Trading Up 0.7 %
ATD stock traded up C$0.51 on Thursday, reaching C$75.89. The company's stock had a trading volume of 1,392,117 shares, compared to its average volume of 1,479,061. The company has a debt-to-equity ratio of 102.11, a quick ratio of 0.88 and a current ratio of 1.00. The business has a fifty day simple moving average of C$79.79 and a two-hundred day simple moving average of C$78.62. The firm has a market cap of C$71.94 billion, a PE ratio of 19.97, a PEG ratio of 1.35 and a beta of 0.90. Alimentation Couche-Tard has a 12-month low of C$68.93 and a 12-month high of C$87.27.
Alimentation Couche-Tard (TSE:ATD - Get Free Report) last posted its earnings results on Tuesday, June 25th. The company reported C$0.65 EPS for the quarter, missing the consensus estimate of C$0.67 by C($0.02). Alimentation Couche-Tard had a return on equity of 19.72% and a net margin of 3.73%. The company had revenue of C$23.88 billion during the quarter, compared to analysts' expectations of C$23.13 billion. As a group, research analysts forecast that Alimentation Couche-Tard will post 4.0335958 EPS for the current year.
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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