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

C$75.41
-0.08 (-0.11%)
(As of 05/17/2024 04:00 PM 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

Moderate Buy
Based on 12 Analyst Ratings

Consensus Price Target

C$86.77
15.06% Upside
High ForecastC$94.00
Average ForecastC$86.77
Low ForecastC$79.00
TypeCurrent Forecast
5/22/23 to 5/21/24
1 Month Ago
4/22/23 to 4/21/24
3 Months Ago
2/21/23 to 2/21/24
1 Year Ago
5/22/22 to 5/22/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
6 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$86.77C$86.77C$86.00C$70.92
Forecasted Upside15.06% Upside14.06% Upside13.62% Upside16.92% Upside
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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
2.92
2.47
Consensus RatingModerate BuyHold
News Sentiment RatingPositive News
Neutral News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
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%
3/22/2024Canaccord Genuity Group
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 Lower TargetBuyC$94.00 ➝ C$89.00+15.67%
3/22/2024CIBC
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 Boost TargetOutperformC$84.00 ➝ C$88.00+14.37%
3/22/2024National Bankshares
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 DowngradeOutperform ➝ Sector PerformC$89.00 ➝ C$83.00+7.88%
3/22/2024TD Securities
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 Lower TargetBuyC$94.00 ➝ C$90.00+16.97%
3/22/2024Desjardins
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 Lower TargetBuyC$90.00 ➝ C$86.00+11.78%
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
3/13/2024JPMorgan Chase & Co.
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 Lower TargetC$80.00 ➝ C$79.00-4.76%
11/30/2023Raymond James
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 Boost TargetC$82.00 ➝ C$87.00+13.19%
10/13/2023Stifel Nicolaus
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 Boost TargetBuyC$81.00 ➝ C$85.00+14.28%
10/12/2023Royal Bank of Canada
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 Boost TargetOutperformC$87.00 ➝ C$94.00+26.46%
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 Tuesday at 08:42 AM ET.

ATD Frequently Asked Questions

What is Alimentation Couche-Tard's stock forecast and purchase recommendation?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Alimentation Couche-Tard is C$86.77, with a high forecast of C$94.00 and a low forecast of C$79.00. The consensus rating for Alimentation Couche-Tard stock is Moderate Buy based on the current 1 hold rating and 11 buy ratings for ATD. Learn more on ATD's analyst rating history.

Do Wall Street analysts like Alimentation Couche-Tard more than its competitors?

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

Is Alimentation Couche-Tard being downgraded by Wall Street analysts?

Over the previous 90 days, Alimentation Couche-Tard's stock had 2 downgrades by analysts.

Does Alimentation Couche-Tard's stock price have much upside?

According to analysts, Alimentation Couche-Tard's stock has a predicted upside of 14.06% based on their 12-month stock forecasts.

What analysts cover Alimentation Couche-Tard?

Alimentation Couche-Tard has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, CIBC, Desjardins, JPMorgan Chase & Co., National Bank Financial, National Bankshares, Scotiabank, TD Securities, and Wells Fargo & Company in the past 90 days.


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This page (TSE:ATD) was last updated on 5/21/2024 by MarketBeat.com Staff

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