Scotiabank Raises Alimentation Couche-Tard (ATD.B) Price Target to C$80.00

Alimentation Couche-Tard (TSE:ATD.B) had its price objective lifted by Scotiabank from C$76.00 to C$80.00 in a report published on Wednesday morning. The brokerage currently has an outperform rating on the stock.

A number of other analysts have also weighed in on the stock. National Bank Financial upped their target price on shares of Alimentation Couche-Tard from C$76.00 to C$77.00 and gave the stock an outperform rating in a research note on Wednesday, January 24th. TD Securities upped their target price on shares of Alimentation Couche-Tard from C$81.00 to C$83.00 and gave the stock a buy rating in a research note on Tuesday, January 23rd. Canaccord Genuity upped their target price on shares of Alimentation Couche-Tard from C$74.00 to C$75.00 in a research note on Tuesday, January 23rd. Barclays upped their target price on shares of Alimentation Couche-Tard from C$72.00 to C$76.00 in a research note on Friday, January 19th. Finally, Desjardins upped their target price on shares of Alimentation Couche-Tard from C$72.00 to C$78.00 and gave the stock a buy rating in a research note on Wednesday, November 29th. Eight analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus target price of C$74.50.

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Shares of ATD.B stock opened at C$63.85 on Wednesday. The stock has a market cap of $36,010.00, a PE ratio of 20.40 and a beta of -0.23. Alimentation Couche-Tard has a 1 year low of C$56.06 and a 1 year high of C$67.96.

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About Alimentation Couche-Tard

Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.

Analyst Recommendations for Alimentation Couche-Tard (TSE:ATD.B)

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