Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its target price decreased by investment analysts at TD Securities from C$89.00 to C$82.00 in a note issued to investors on Monday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. TD Securities' price target suggests a potential upside of 18.77% from the stock's current price.
Several other analysts also recently weighed in on ATD. UBS Group dropped their target price on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a report on Monday, March 17th. Scotiabank dropped their target price on shares of Alimentation Couche-Tard from C$85.00 to C$83.00 and set an "outperform" rating for the company in a report on Thursday, March 20th. Veritas upgraded shares of Alimentation Couche-Tard to a "strong-buy" rating in a report on Thursday, March 20th. Stifel Nicolaus dropped their target price on shares of Alimentation Couche-Tard from C$88.00 to C$86.00 and set a "buy" rating for the company in a report on Thursday, March 20th. Finally, National Bankshares dropped their target price on shares of Alimentation Couche-Tard from C$86.00 to C$81.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Ten analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$85.33.
Check Out Our Latest Stock Report on ATD
Alimentation Couche-Tard Trading Down 0.8%
Shares of TSE ATD traded down C$0.56 during midday trading on Monday, reaching C$69.04. 856,064 shares of the stock were exchanged, compared to its average volume of 1,302,395. The company has a 50 day simple moving average of C$70.35 and a 200 day simple moving average of C$74.42. The stock has a market capitalization of C$45.87 billion, a P/E ratio of 18.01, a PEG ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a twelve month low of C$65.95 and a twelve month 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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