Alimentation Couche-Tard Inc. (TSE:ATD - Get Free Report) has been given an average rating of "Buy" by the twelve brokerages that are currently covering the company, MarketBeat reports. Ten analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$83.69.
A number of analysts recently issued reports on ATD shares. TD Securities set a C$82.00 price objective on Alimentation Couche-Tard and gave the stock a "buy" rating in a report on Friday, June 27th. JPMorgan Chase & Co. dropped their price objective on Alimentation Couche-Tard from C$88.00 to C$84.00 and set an "outperform" rating on the stock in a report on Tuesday, June 10th. Veritas raised Alimentation Couche-Tard to a "strong-buy" rating in a report on Thursday, March 20th. Desjardins dropped their price objective on Alimentation Couche-Tard from C$82.00 to C$80.00 and set a "buy" rating on the stock in a report on Friday, June 27th. Finally, Canaccord Genuity Group dropped their price objective on Alimentation Couche-Tard from C$84.00 to C$81.00 and set a "buy" rating on the stock in a report on Friday, June 20th.
Read Our Latest Report on ATD
Alimentation Couche-Tard Stock Performance
Shares of ATD stock traded down C$1.03 on Friday, hitting C$68.63. 1,292,521 shares of the stock were exchanged, compared to its average volume of 1,314,697. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 101.54. The firm has a market capitalization of C$45.60 billion, a PE ratio of 17.90, a P/E/G ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a one year low of C$65.95 and a one year high of C$85.53. The firm's 50 day moving average is C$70.42 and its two-hundred day moving average is C$72.08.
Alimentation Couche-Tard Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 21st. Shareholders of record on Monday, July 21st will be issued a $0.195 dividend. The ex-dividend date is Monday, July 7th. This represents a $0.78 annualized dividend and a dividend yield of 1.14%. Alimentation Couche-Tard's payout ratio is currently 18.26%.
About Alimentation Couche-Tard
(
Get Free ReportAlimentation 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.
See Also
Before you consider Alimentation Couche-Tard, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alimentation Couche-Tard wasn't on the list.
While Alimentation Couche-Tard currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
