Alimentation Couche-Tard (ATD) Stock Forecast & Price Target

C$73.47

-0.62 (-0.84%)

(As of 10/23/2024 ET)

Alimentation Couche-Tard - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 10 Analyst Ratings

Sell
0

Hold
1

Buy
9

Based on 10 Wall Street analysts who have issued ratings for Alimentation Couche-Tard in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a hold rating, and 9 have given a buy rating for ATD.

Consensus Price Target

C$88.17
20.00% Upside

According to the 10 analysts' twelve-month price targets for Alimentation Couche-Tard, the average price target is C$88.17. The highest price target for ATD is C$94.00, while the lowest price target for ATD is C$83.00. The average price target represents a forecasted upside of 20.00% from the current price of C$73.47.

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ATD Analyst Ratings Over Time

Type	Current Forecast 10/25/23 to 10/24/24	1 Month Ago 9/25/23 to 9/24/24	3 Months Ago 7/27/23 to 7/26/24	1 Year Ago 10/25/22 to 10/25/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	9 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$88.17	C$88.17	C$86.75	C$82.31
Forecasted Upside	20.00% Upside	17.01% Upside	5.00% Upside	11.51% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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ATD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ATD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Alimentation Couche-Tard Stock vs. The Competition

Type	Alimentation Couche-Tard	Consumer Cyclical Companies
Consensus Rating Score	2.90	2.65
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Positive News See Recent ATD News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/19/2024	JPMorgan Chase & Co. 2 of 5 stars		Boost Target		C$83.00 ➝ C$87.00	+14.84%
9/6/2024	Canaccord Genuity Group 4 of 5 stars		Lower Target		C$85.00 ➝ C$83.00	+7.93%
9/6/2024	CIBC 3 of 5 stars		Lower Target		C$89.00 ➝ C$88.00	+14.43%
9/6/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$86.00 ➝ C$85.00	+10.53%
9/6/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$86.00 ➝ C$88.00	+14.43%
9/5/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$96.00 ➝ C$94.00	+25.99%
Get the Latest News and Ratings for ATD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Alimentation Couche-Tard and its competitors with MarketBeat's FREE daily newsletter.
9/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$96.00 ➝ C$94.00	+25.99%
3/22/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$90.00 ➝ C$87.00	+13.08%
3/22/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$91.00 ➝ C$89.00	+15.67%
3/22/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$94.00 ➝ C$90.00	+16.97%
3/22/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	C$88.00 ➝ C$86.00	+11.78%
3/21/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	V. Shreedhar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform Overweight ➝ Sector Perform Overweight
11/30/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$82.00 ➝ C$87.00	+13.19%
7/18/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	C$65.00 ➝ C$85.00	+26.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:40 AM ET.

Should I Buy Alimentation Couche-Tard Stock? ATD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, October 16, 2024. Please send any questions or comments about these Alimentation Couche-Tard pros and cons to contact@marketbeat.com.

Alimentation Couche-Tard
Bull Case

Here are some ways that investors could benefit from investing in Alimentation Couche-Tard Inc.:

Alimentation Couche-Tard Inc. has shown consistent revenue growth over recent quarters, indicating a strong financial performance.
The company's stock price has been trending upwards, showing positive momentum and potential for capital appreciation.
Alimentation Couche-Tard Inc. has a solid return on equity of 19.72%, reflecting efficient use of shareholder funds to generate profits.
With a diverse geographic presence in North America, Europe, and Asia, the company has opportunities for further expansion and market penetration.
Analysts have given Alimentation Couche-Tard Inc. a consensus rating of "Moderate Buy" with a target price above the current market value, suggesting future growth potential.

Alimentation Couche-Tard
Bear Case

Investors should be bearish about investing in Alimentation Couche-Tard Inc. for these reasons:

The company's debt-to-equity ratio of 102.11 is relatively high, indicating a significant reliance on debt financing which may pose risks in case of economic downturns or interest rate hikes.
Alimentation Couche-Tard Inc. has a beta of 0.90, suggesting that the stock's price is relatively less volatile compared to the market, potentially limiting short-term trading opportunities for investors.
While the company has a P/E ratio of 19.97, which is in line with industry averages, investors should consider whether the current valuation accurately reflects the company's growth prospects.
The quick ratio of 0.88 may raise concerns about the company's ability to meet short-term obligations with its current liquid assets.
Despite positive analyst ratings, investors should conduct thorough due diligence to assess the impact of any regulatory changes or competitive pressures on Alimentation Couche-Tard Inc.'s future performance.

ATD Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Alimentation Couche-Tard is C$88.17, with a high forecast of C$94.00 and a low forecast of C$83.00.
: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alimentation Couche-Tard in the last year. There is currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ATD shares.
: According to analysts, Alimentation Couche-Tard's stock has a predicted upside of 20.00% based on their 12-month stock forecasts.
: Alimentation Couche-Tard has been rated by research analysts at Canaccord Genuity Group, CIBC, Desjardins, JPMorgan Chase & Co., National Bankshares, Royal Bank of Canada, and Stifel Nicolaus in the past 90 days.
: Analysts like Alimentation Couche-Tard more than other "consumer cyclical" companies. The consensus rating score for Alimentation Couche-Tard is 2.90 while the average consensus rating score for "consumer cyclical" companies is 2.65. Learn more on how ATD compares to other companies.