Desjardins Lowers Alimentation Couche-Tard (TSE:ATD) Price Target to C$80.00

Alimentation Couche-Tard (TSE:ATD - Free Report) had its price objective lowered by Desjardins from C$82.00 to C$80.00 in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for Alimentation Couche-Tard's Q1 2026 earnings at $1.03 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $1.06 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $3.84 EPS and FY2027 earnings at $4.35 EPS.

Other analysts have also recently issued research reports about the stock. National Bankshares dropped their price target on shares of Alimentation Couche-Tard from C$86.00 to C$81.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. Stifel Nicolaus dropped their target price on shares of Alimentation Couche-Tard from C$84.00 to C$82.00 and set a "buy" rating for the company in a report on Thursday, May 22nd. Canaccord Genuity Group dropped their target price on shares of Alimentation Couche-Tard from C$84.00 to C$81.00 and set a "buy" rating for the company in a report on Friday, June 20th. JPMorgan Chase & Co. dropped their target price on shares of Alimentation Couche-Tard from C$88.00 to C$84.00 and set an "outperform" rating for the company in a report on Tuesday, June 10th. Finally, Scotiabank dropped their target price on shares of Alimentation Couche-Tard from C$80.00 to C$78.00 and set an "outperform" rating for the company in a report on Friday. Ten analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$83.69.

Alimentation Couche-Tard Trading Up 0.1%

Shares of Alimentation Couche-Tard stock traded up C$0.05 during mid-day trading on Friday, hitting C$67.69. The stock had a trading volume of 1,387,017 shares, compared to its average volume of 1,316,554. The firm has a 50-day moving average of C$71.09 and a two-hundred day moving average of C$72.83. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$85.53. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 101.54. The firm has a market cap of C$44.97 billion, a P/E ratio of 17.66, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 21st. Investors of record on Monday, July 21st will be paid a dividend of $0.195 per share. The ex-dividend date of this dividend is Monday, July 7th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 1.15%. Alimentation Couche-Tard's payout ratio is currently 18.26%.

Alimentation Couche-Tard Company Profile

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.