Alimentation Couche-Tard (TSE:ATD) PT Set at C$95.00 by JPMorgan Chase & Co.

Alimentation Couche-Tard (TSE:ATD) has been assigned a C$95.00 price target by investment analysts at JPMorgan Chase & Co. in a report released on Thursday,BayStreet.CA reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 22.39% from the company’s current price.

A number of other equities analysts have also weighed in on ATD. Jefferies Financial Group increased their target price on Alimentation Couche-Tard from C$88.00 to C$96.00 in a research note on Thursday, February 12th. Canaccord Genuity Group set a C$91.00 price objective on Alimentation Couche-Tard and gave the company a “buy” rating in a report on Thursday, March 19th. Desjardins increased their price objective on Alimentation Couche-Tard from C$85.00 to C$92.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Scotiabank lifted their target price 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. Finally, Royal Bank Of Canada upped their price target on shares of Alimentation Couche-Tard from C$91.00 to C$100.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$92.42.

Alimentation Couche-Tard Price Performance

TSE:ATD opened at C$77.62 on Thursday. The stock has a market capitalization of C$71.86 billion, a PE ratio of 26.86, a P/E/G ratio of 1.35 and a beta of 0.67. Alimentation Couche-Tard has a 1-year low of C$66.93 and a 1-year high of C$85.59. The firm has a fifty day simple moving average of C$79.64 and a 200 day simple moving average of C$75.37. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 101.20.

Alimentation Couche-Tard (TSE:ATD) last released its quarterly earnings results on Tuesday, March 17th. The company reported C$1.10 earnings per share for the quarter. The firm had revenue of C$29.74 billion for the quarter. Alimentation Couche-Tard had a net margin of 3.71% and a return on equity of 17.65%. On average, research analysts expect that Alimentation Couche-Tard will post 4.0410959 EPS for the current fiscal year.

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.