Alimentation Couche-Tard Given Average Recommendation of “Buy” by Analysts (TSE:ATD.A)
Shares of Alimentation Couche-Tard (TSE:ATD.A) have earned an average rating of “Buy” from the ten analysts that are presently covering the company, American Banking & Market News reports. Three equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$68.50.
Several analysts have recently commented on the stock. 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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