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Alimentation Couche-Tard (ATD) Stock Forecast & Price Target

Alimentation Couche-Tard logo
C$77.20 -0.39 (-0.50%)
(As of 11/20/2024 ET)

Alimentation Couche-Tard - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
9

Based on 10 Wall Street analysts who have issued ratings for Alimentation Couche-Tard in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for ATD.

Consensus Price Target

C$88.33
14.42% Upside
According to the 10 analysts' twelve-month price targets for Alimentation Couche-Tard, the average price target is C$88.33. The highest price target for ATD is C$94.00, while the lowest price target for ATD is C$85.00. The average price target represents a forecasted upside of 14.42% from the current price of C$77.20.
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ATD Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
10 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$88.33C$88.17C$86.75C$82.54
Forecasted Upside14.42% Upside19.00% Upside10.83% Upside3.13% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

ATD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ATD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Alimentation Couche-Tard Stock vs. The Competition

TypeAlimentation Couche-TardConsumer Cyclical Companies
Consensus Rating Score
2.90
2.65
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent ATD News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/20/2024Canaccord Genuity Group
4 of 5 stars
 Boost TargetC$83.00 ➝ C$85.00+10.84%
9/19/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetC$83.00 ➝ C$87.00+14.84%
9/6/2024CIBC
3 of 5 stars
 Lower TargetC$89.00 ➝ C$88.00+14.43%
9/6/2024National Bankshares
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 Lower TargetC$86.00 ➝ C$85.00+10.53%
9/6/2024Stifel Nicolaus
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 Boost TargetC$86.00 ➝ C$88.00+14.43%
9/5/2024Desjardins
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 Lower TargetOutperformC$96.00 ➝ C$94.00+25.99%
9/5/2024Royal Bank of Canada
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 Lower TargetC$96.00 ➝ C$94.00+25.99%
3/22/2024Scotiabank
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 Lower TargetOutperformC$90.00 ➝ C$87.00+13.08%
3/22/2024BMO Capital Markets
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 Lower TargetOutperformC$91.00 ➝ C$89.00+15.67%
3/22/2024TD Securities
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 Lower TargetBuyC$94.00 ➝ C$90.00+16.97%
3/22/2024Wells Fargo & Company
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 Lower TargetOverweightC$88.00 ➝ C$86.00+11.78%
3/21/2024National Bank Financial
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V. Shreedhar
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DowngradeOutperform Overweight ➝ Sector Perform Overweight
11/30/2023Raymond James
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 Boost TargetC$82.00 ➝ C$87.00+13.19%
7/18/2023CSFB
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 UpgradeNeutral ➝ OutperformC$65.00 ➝ C$85.00+26.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:36 AM ET.


Should I Buy Alimentation Couche-Tard Stock? ATD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Alimentation Couche-Tard pros and cons to contact@marketbeat.com.

Alimentation Couche-Tard
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Alimentation Couche-Tard Inc.:

  • Alimentation Couche-Tard Inc. has shown consistent revenue growth over recent quarters, indicating a strong financial performance.
  • The company's stock price has been trending upwards, showing positive momentum and potential for capital appreciation.
  • Alimentation Couche-Tard Inc. has a solid return on equity of 19.72%, reflecting efficient use of shareholder funds to generate profits.
  • With a diverse geographic presence in North America, Europe, and Asia, the company has opportunities for further expansion and market penetration.
  • Analysts have given Alimentation Couche-Tard Inc. a consensus rating of "Moderate Buy" with a target price above the current market value, suggesting future growth potential.

Alimentation Couche-Tard
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Alimentation Couche-Tard Inc. for these reasons:

  • The company's debt-to-equity ratio of 102.11 is relatively high, indicating a significant reliance on debt financing which may pose risks in case of economic downturns or interest rate hikes.
  • Alimentation Couche-Tard Inc. has a beta of 0.90, suggesting that the stock's price is relatively less volatile compared to the market, potentially limiting short-term trading opportunities for investors.
  • While the company has a P/E ratio of 19.97, which is in line with industry averages, investors should consider whether the current valuation accurately reflects the company's growth prospects.
  • The quick ratio of 0.88 may raise concerns about the company's ability to meet short-term obligations with its current liquid assets.
  • Despite positive analyst ratings, investors should conduct thorough due diligence to assess the impact of any regulatory changes or competitive pressures on Alimentation Couche-Tard Inc.'s future performance.

ATD Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Alimentation Couche-Tard is C$88.33, with a high forecast of C$94.00 and a low forecast of C$85.00.

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alimentation Couche-Tard in the last year. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ATD shares.

According to analysts, Alimentation Couche-Tard's stock has a predicted upside of 14.42% based on their 12-month stock forecasts.

Alimentation Couche-Tard has been rated by research analysts at Canaccord Genuity Group, CIBC, Desjardins, JPMorgan Chase & Co., National Bankshares, Royal Bank of Canada, and Stifel Nicolaus in the past 90 days.

Analysts like Alimentation Couche-Tard more than other "consumer cyclical" companies. The consensus rating score for Alimentation Couche-Tard is 2.90 while the average consensus rating score for "consumer cyclical" companies is 2.65. Learn more on how ATD compares to other companies.


This page (TSE:ATD) was last updated on 11/21/2024 by MarketBeat.com Staff
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