TD Securities Reiterates "C$82.00" Price Target for Alimentation Couche-Tard (TSE:ATD)

Alimentation Couche-Tard (TSE:ATD - Get Free Report) has been given a C$82.00 target price by equities research analysts at TD Securities in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the stock. TD Securities' price target would suggest a potential upside of 20.77% from the company's previous close.

ATD has been the subject of several other research reports. Stifel Nicolaus reduced their price objective on shares of Alimentation Couche-Tard from C$84.00 to C$81.00 and set a "buy" rating for the company in a research report on Friday. CIBC cut their price target on shares of 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. Jefferies Financial Group lowered their price target on Alimentation Couche-Tard from C$90.00 to C$87.00 and set a "buy" rating on the stock in a report on Friday. Desjardins cut their price target on Alimentation Couche-Tard from C$82.00 to C$80.00 and set a "buy" rating for the company in a report on Friday. Finally, National Bankshares reduced their price target on Alimentation Couche-Tard from C$86.00 to C$81.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Eleven 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, Alimentation Couche-Tard presently has a consensus rating of "Buy" and an average target price of C$83.69.

Alimentation Couche-Tard Stock Down 1.5%

ATD stock traded down C$1.00 during mid-day trading on Friday, reaching C$67.90. The company had a trading volume of 1,421,770 shares, compared to its average volume of 1,299,434. The firm has a fifty day simple moving average of C$71.17 and a 200 day simple moving average of C$73.04. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. The company has a market capitalization of C$45.11 billion, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a fifty-two week low of C$65.95 and a fifty-two week high of C$85.53.

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.

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