CIBC Lowers Alimentation Couche Tard Inc (ATD.B) Price Target to C$71.00
Alimentation Couche Tard Inc (TSE:ATD.B) had its target price reduced by CIBC from C$73.00 to C$71.00 in a research report issued to clients and investors on Thursday.
Several other equities analysts have also commented on ATD.B. Eight Capital upped their price target on shares of Alimentation Couche Tard from C$70.00 to C$75.00 in a research report on Thursday, July 6th. Barclays PLC reduced their price objective on shares of Alimentation Couche Tard from C$73.84 to C$71.00 in a report on Tuesday, August 29th. National Bank Financial upped their price objective on shares of Alimentation Couche Tard from C$72.00 to C$73.00 in a report on Thursday, July 13th. TD Securities upped their price target on shares of Alimentation Couche Tard from C$75.00 to C$78.00 and gave the company a “buy” rating in a report on Tuesday, July 11th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$72.00 price target on shares of Alimentation Couche Tard in a report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. Alimentation Couche Tard currently has a consensus rating of “Buy” and a consensus target price of C$72.09.
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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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