BMO Capital Markets Cuts Alimentation Couche-Tard (TSE:ATD) Price Target to C$90.00

Alimentation Couche-Tard (TSE:ATD) had its target price reduced by BMO Capital Markets from C$95.00 to C$90.00 in a report issued on Thursday,BayStreet reports. BMO Capital Markets currently has a market perform rating on the stock.

Other equities research analysts also recently issued reports about the stock. UBS Group boosted their price target on shares of Alimentation Couche-Tard from C$91.00 to C$104.00 in a research note on Wednesday, June 24th. Stifel Nicolaus reduced their price target on Alimentation Couche-Tard from C$110.00 to C$108.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Desjardins raised their price objective on shares of Alimentation Couche-Tard from C$92.00 to C$101.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Canadian Imperial Bank of Commerce lifted their price target on Alimentation Couche-Tard from C$89.00 to C$102.00 in a report on Wednesday, June 24th. Finally, Raymond James Financial upped their price objective on Alimentation Couche-Tard from C$90.00 to C$105.00 in a research report on Wednesday, June 24th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alimentation Couche-Tard currently has an average rating of “Moderate Buy” and a consensus price target of C$99.73.

Alimentation Couche-Tard Price Performance

TSE:ATD opened at C$82.00 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.88 and a debt-to-equity ratio of 92.19. Alimentation Couche-Tard has a 12 month low of C$68.30 and a 12 month high of C$95.15. The firm has a market cap of C$75.27 billion, a P/E ratio of 23.84, a price-to-earnings-growth ratio of 1.35 and a beta of 0.67. The stock has a 50 day moving average of C$89.32 and a two-hundred day moving average of C$83.69.

Alimentation Couche-Tard (TSE:ATD) last issued its earnings results on Tuesday, September 1st. The company reported C$1.26 EPS for the quarter. Alimentation Couche-Tard had a net margin of 3.95% and a return on equity of 19.91%. The business had revenue of C$30.43 billion during the quarter. On average, analysts expect that Alimentation Couche-Tard will post 4.0410959 earnings per share for the current fiscal year.

Alimentation Couche-Tard Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 25th will be issued a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, September 11th. Alimentation Couche-Tard’s dividend payout ratio (DPR) is currently 17.49%.

Key Alimentation Couche-Tard News

Here are the key news stories impacting Alimentation Couche-Tard this week:

• Positive Sentiment: The company announced a quarterly dividend of C$0.215 per share, payable September 25 to shareholders of record on September 25. The dividend implies an annualized payout of approximately C$0.86 per share and a yield near 1%, providing ongoing shareholder returns. The ex-dividend date is September 11.
• Positive Sentiment: Despite target reductions, TD, Stifel Nicolaus, Scotia, and National Bank Financial maintained bullish ratings, including “buy,” “sector outperform,” and “outperform.” Their revised targets of C$101–C$103 remain approximately 23%–26% above the recent share price. Tickerreport analyst target updates
• Neutral Sentiment: Raymond James lowered its target to C$100 but retained a materially higher valuation than the current market price, indicating that the firm still sees substantial potential upside.
• Negative Sentiment: Multiple analysts cut their price targets: Raymond James to C$100 from C$105, Stifel to C$102 from C$108, TD to C$103 from C$110, BMO to C$90 from C$95, Scotia to C$102 from C$104, and National Bank Financial to C$101 from C$102. The coordinated reductions suggest more cautious near-term earnings or valuation expectations.
• Negative Sentiment: BMO Capital Markets downgraded its stance to “market perform” while lowering its target to C$90, signaling more limited expected upside than the other covering firms.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia.