Alimentation Couche-Tard (TSE:ATD - Get Free Report) had its price objective boosted by investment analysts at TD Securities from C$82.00 to C$85.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage presently has a "buy" rating on the stock. TD Securities' price objective would indicate a potential upside of 16.39% from the company's current price.
A number of other research analysts have also issued reports on ATD. Veritas upgraded shares of Alimentation Couche-Tard to a "strong-buy" rating in a report on Thursday, March 20th. 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 research report on Wednesday, May 7th. Jefferies Financial Group dropped their target price on shares of Alimentation Couche-Tard from C$90.00 to C$87.00 and set a "buy" rating for the company in a research report on Friday, June 27th. 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 research report on Tuesday, June 10th. Finally, CIBC decreased their price target on Alimentation Couche-Tard from C$87.00 to C$85.00 and set an "outperform" rating for the company in a report on Thursday, March 20th. Ten research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$83.92.
Check Out Our Latest Report on ATD
Alimentation Couche-Tard Trading Up 6.9%
TSE:ATD traded up C$4.71 on Thursday, reaching C$73.03. The stock had a trading volume of 4,872,847 shares, compared to its average volume of 1,334,123. The company has a market cap of C$48.52 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The firm's fifty day moving average is C$70.28 and its two-hundred day moving average is C$71.89. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-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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