Alimentation Couche-Tard (TSE:ATD) PT Set at C$82.00 by TD Securities

TD Securities set a C$82.00 target price on Alimentation Couche-Tard (TSE:ATD) in a report issued on Friday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on the stock. National Bankshares dropped their target price on shares of Alimentation Couche-Tard from C$86.00 to C$81.00 and set an “outperform” rating for the company in a research note on Wednesday, May 7th. Canaccord Genuity Group reduced their target price on Alimentation Couche-Tard from C$84.00 to C$81.00 and set a “buy” rating on the stock in a report on Friday, June 20th. BMO Capital Markets decreased their price target on shares of Alimentation Couche-Tard from C$85.00 to C$82.00 in a report on Thursday, March 20th. UBS Group cut their price objective on Alimentation Couche-Tard from C$97.00 to C$94.00 in a report on Monday, March 17th. Finally, Desjardins reduced their target price on shares of Alimentation Couche-Tard from C$82.00 to C$80.00 and set a “buy” rating for the company in a research note on Friday. Ten analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Alimentation Couche-Tard presently has an average rating of “Buy” and an average target price of C$83.69.

Alimentation Couche-Tard Stock Performance

TSE:ATD opened at C$67.64 on Friday. The firm has a 50 day moving average of C$71.09 and a 200-day moving average of C$72.94. The company has a current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 101.54. Alimentation Couche-Tard has a 1 year low of C$65.95 and a 1 year high of C$85.53. The stock has a market capitalization of C$44.94 billion, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.