Alimentation Couche-Tard Receives Average Recommendation of “Buy” from Analysts (TSE:ATD.A)
Alimentation Couche-Tard (TSE:ATD.A) has received an average rating of “Buy” from the ten analysts that are currently covering the company, American Banking and Market News reports. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$68.50.
ATD.A has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Alimentation Couche-Tard from C$34.00 to C$35.00 in a research note on Wednesday, July 16th. They now have a “sector perform” rating on the stock. Separately, analysts at Desjardins cut their price target on shares of Alimentation Couche-Tard from C$33.35 to C$33.00 in a research note on Tuesday, July 8th. Finally, analysts at Barclays raised their price target on shares of Alimentation Couche-Tard from C$30.00 to C$33.00 in a research note on Tuesday, July 8th. They now have an “overweight” rating on the stock.
Alimentation Couche-Tard Inc (TSE:ATD) is a convenience store operator in the United States, Europe and Canada.
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