Canadian Imperial Bank of Commerce Forecasts Strong Price Appreciation for Alimentation Couche-Tard (TSE:ATD) Stock

Alimentation Couche-Tard (TSE:ATD) had its price target hoisted by Canadian Imperial Bank of Commerce from C$88.00 to C$92.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Canadian Imperial Bank of Commerce’s price objective would indicate a potential upside of 9.71% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group lifted their target price on shares of Alimentation Couche-Tard from C$88.00 to C$96.00 in a research report on Thursday. Desjardins set a C$85.00 price objective on Alimentation Couche-Tard and gave the company a “buy” rating in a research note on Friday, December 19th. Stifel Nicolaus lifted their price objective on Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. National Bank Financial boosted their target price on Alimentation Couche-Tard from C$83.00 to C$86.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Finally, Scotiabank raised their price target on Alimentation Couche-Tard from C$84.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Alimentation Couche-Tard presently has a consensus rating of “Moderate Buy” and an average target price of C$91.17.

Alimentation Couche-Tard Trading Up 1.1%

Shares of ATD opened at C$83.86 on Thursday. The firm has a market cap of C$77.63 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 1.35 and a beta of 0.28. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a fifty-two week low of C$65.95 and a fifty-two week high of C$84.02. The firm has a 50 day moving average price of C$75.04 and a 200-day moving average price of C$73.13.

Alimentation Couche-Tard News Summary

Here are the key news stories impacting Alimentation Couche-Tard this week:

• Positive Sentiment: Royal Bank of Canada raised its target to C$100 and kept an “outperform” rating (roughly +20.6% upside vs. the cited C$82.95 reference). RBC Raises Target
• Positive Sentiment: TD Securities boosted its target to C$100 and set a “buy” rating (about +20.6% upside vs. the cited price). TD Raises Target
• Positive Sentiment: Jefferies raised its target to C$96 (≈+15.7% upside vs. the cited price). Jefferies Raises Target
• Positive Sentiment: Stifel Nicolaus increased its target to C$95 and assigned a “buy” rating (≈+14.5% upside). Stifel Raises Target
• Positive Sentiment: CIBC World Markets raised its target to C$92 and maintained an “outperform” view (≈+10.9% upside). CIBC Raises Target TickerReport
• Positive Sentiment: Desjardins bumped its target to C$92 and put a “buy” rating on the stock (≈+10.9% upside). Desjardins Raises Target
• Positive Sentiment: National Bank Financial raised its target to C$88 and now carries an “outperform” rating (≈+6.1% upside). National Bank Raises Target
• Neutral Sentiment: BMO Capital Markets raised its target modestly to C$84 but kept a “market perform” view (only ~+1.3% upside), a more cautious signal amid the broader positive revisions. BMO Raises Target
• Neutral Sentiment: Coverage roundup / analysis pieces are highlighting the cluster of upgrades as the key driver behind the stock’s momentum today. How Recent Analyst Moves Are Shaping The Story For Alimentation Couche-Tard

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia.