Alimentation Couche-Tard (TSE:ATD.B) had its price target reduced by TD Securities from C$83.00 to C$79.00 in a research report released on Wednesday morning. TD Securities currently has a buy rating on the stock.
A number of other analysts have also issued reports on the stock. National Bank Financial lifted their price objective on shares of Alimentation Couche-Tard from C$76.00 to C$77.00 and gave the company an outperform rating in a research note on Wednesday, January 24th. Barclays lifted their price objective on shares of Alimentation Couche-Tard from C$70.00 to C$72.00 in a research note on Monday, November 27th. Canaccord Genuity lifted their price target on shares of Alimentation Couche-Tard from C$74.00 to C$75.00 in a research note on Tuesday, January 23rd. Eight Capital lifted their price target on shares of Alimentation Couche-Tard from C$70.00 to C$75.00 in a research note on Wednesday, November 29th. Finally, CIBC lifted their price target on shares of Alimentation Couche-Tard from C$71.00 to C$77.00 in a research note on Wednesday, November 29th. Eight research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus price target of C$74.50.
Shares of ATD.B stock opened at C$63.85 on Wednesday. The stock has a market cap of $36,010.00, a P/E ratio of 20.40 and a beta of -0.23. Alimentation Couche-Tard has a 12 month low of C$56.06 and a 12 month high of C$67.96.
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.
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