Alimentation Couche Tard Inc (TSE:ATD.B) PT Raised to C$78.00 at TD Securities
Alimentation Couche Tard Inc (TSE:ATD.B) had its price objective raised by TD Securities from C$75.00 to C$78.00 in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock.
A number of other equities research analysts have also issued reports on the company. BMO Capital Markets reissued an “outperform” rating and set a C$72.00 price target on shares of Alimentation Couche Tard in a research note on Tuesday. Barclays PLC raised their price target on Alimentation Couche Tard from C$72.00 to C$74.00 and gave the stock an “overweight” rating in a research note on Monday. CIBC decreased their price target on Alimentation Couche Tard from C$76.00 to C$73.00 in a research note on Wednesday, March 15th. Eight Capital decreased their price target on Alimentation Couche Tard from C$74.00 to C$70.00 in a research note on Wednesday, March 15th. Finally, Scotiabank decreased their price target on Alimentation Couche Tard from C$80.00 to C$76.00 and set an “outperform” rating for the company in a research note on Wednesday, March 15th. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of C$74.17.
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Alimentation Couche Tard Company Profile
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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