Alimentation Couche-Tard Inc (ATD.B) Receives Consensus Recommendation of “Buy” from Brokerages
Alimentation Couche-Tard Inc (TSE:ATD.B) has received an average recommendation of “Buy” from the thirteen brokerages that are presently covering the firm. One analyst has rated the stock with a sell recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$76.15.
A number of equities research analysts have issued reports on ATD.B shares. Scotiabank reiterated an “outperform” rating and issued a C$74.00 target price on shares of Alimentation Couche-Tard in a research report on Thursday, June 23rd. National Bank Financial dropped their price target on shares of Alimentation Couche-Tard from C$69.00 to C$68.00 in a research note on Thursday, July 7th. TD Securities restated an “action list buy” rating and set a C$79.00 price target on shares of Alimentation Couche-Tard in a research note on Monday, July 11th. Royal Bank Of Canada increased their price target on shares of Alimentation Couche-Tard from C$68.00 to C$69.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 13th. Finally, BMO Capital Markets increased their price target on shares of Alimentation Couche-Tard from C$69.00 to C$78.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 23rd.
About Alimentation Couche-Tard
Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company 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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