Desjardins Raises Alimentation Couche-Tard (TSE:ATD) Price Target to C$92.00

Alimentation Couche-Tard (TSE:ATD) had its target price increased by investment analysts at Desjardins from C$85.00 to C$92.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price objective points to a potential upside of 9.71% from the company’s previous close.

Several other brokerages also recently weighed in on ATD. Scotiabank increased their price target on Alimentation Couche-Tard from C$84.00 to C$88.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Jefferies Financial Group upped their price objective on shares of Alimentation Couche-Tard from C$88.00 to C$96.00 in a research report on Thursday. National Bank Financial raised their target price on shares of Alimentation Couche-Tard from C$86.00 to C$88.00 and gave the stock an “outperform” rating in a research note on Thursday. BMO Capital Markets lifted their target price on shares of Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the company a “market perform” rating in a report on Thursday. Finally, Canadian Imperial Bank of Commerce boosted their price target on shares of Alimentation Couche-Tard from C$88.00 to C$92.00 and gave the stock an “outperform” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$91.17.

Alimentation Couche-Tard Stock Up 1.1%

Alimentation Couche-Tard stock opened at C$83.86 on Thursday. The stock has a 50 day moving average of C$75.04 and a two-hundred day moving average of C$73.13. Alimentation Couche-Tard has a twelve month low of C$65.95 and a twelve month high of C$84.02. The stock has a market capitalization 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 current ratio of 0.99, a quick ratio of 0.88 and a debt-to-equity ratio of 101.54.

More Alimentation Couche-Tard News

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.