Alimentation Couche Tard Inc (ATD.B) Price Target Lowered to C$73.00 at Scotiabank
Alimentation Couche Tard Inc (TSE:ATD.B) had its target price dropped by equities researchers at Scotiabank from C$77.00 to C$73.00 in a note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the stock.
Other research analysts have also issued reports about the company. Eight Capital increased their price objective on Alimentation Couche Tard from C$70.00 to C$75.00 in a report on Thursday, July 6th. Desjardins lowered their target price on Alimentation Couche Tard from C$74.00 to C$72.00 in a research note on Thursday. CIBC lowered their target price on Alimentation Couche Tard from C$73.00 to C$71.00 in a research note on Thursday. Barclays PLC lowered their target price on Alimentation Couche Tard from C$71.00 to C$70.00 in a research note on Thursday. Finally, National Bank Financial upped their target price on Alimentation Couche Tard from C$72.00 to C$73.00 in a research note on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. Alimentation Couche Tard currently has a consensus rating of “Buy” and an average target price of C$72.09.
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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