Royal Bank Of Canada Forecasts Strong Price Appreciation for Alimentation Couche-Tard (TSE:ATD) Stock

Alimentation Couche-Tard (TSE:ATD) had its target price boosted by Royal Bank Of Canada from C$91.00 to C$100.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 19.25% from the company’s current price.

Other analysts also recently issued reports about the stock. Scotiabank boosted their target price on shares of Alimentation Couche-Tard from C$84.00 to C$88.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Stifel Nicolaus raised their target price on Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Jefferies Financial Group upped their price target on Alimentation Couche-Tard from C$88.00 to C$96.00 in a research report on Thursday. National Bank Financial increased their price objective on Alimentation Couche-Tard from C$86.00 to C$88.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, BMO Capital Markets raised their price objective on Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the stock a “market perform” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Alimentation Couche-Tard presently has a consensus rating of “Moderate Buy” and a consensus price target of C$91.17.

Alimentation Couche-Tard Stock Up 1.1%

ATD stock opened at C$83.86 on Thursday. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The firm has a market capitalization of C$77.63 billion, a P/E ratio of 30.49, a P/E/G ratio of 1.35 and a beta of 0.28. Alimentation Couche-Tard has a 52-week low of C$65.95 and a 52-week high of C$84.02. The company’s 50 day simple moving average is C$75.04 and its 200-day simple moving average is C$73.13.

Key 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

About Alimentation Couche-Tard

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.