Alimentation Couche-Tard Inc. (TSE:ATD) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Alimentation Couche-Tard Inc. (TSE:ATD) have been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$100.87.

A number of research analysts have recently weighed in on ATD shares. Canaccord Genuity Group lifted their price objective on Alimentation Couche-Tard from C$94.00 to C$101.00 and gave the company a “buy” rating in a research report on Wednesday. UBS Group lifted their price objective on Alimentation Couche-Tard from C$91.00 to C$104.00 in a research report on Wednesday. Canadian Imperial Bank of Commerce lifted their price objective on Alimentation Couche-Tard from C$89.00 to C$102.00 in a research report on Wednesday. National Bank Financial lifted their target price on Alimentation Couche-Tard from C$91.00 to C$102.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. set a C$95.00 target price on Alimentation Couche-Tard and gave the company an “overweight” rating in a research note on Thursday, March 26th.

Alimentation Couche-Tard Stock Down 0.1%

ATD stock opened at C$93.43 on Friday. Alimentation Couche-Tard has a twelve month low of C$66.93 and a twelve month high of C$95.15. The company has a quick ratio of 0.88, a current ratio of 1.12 and a debt-to-equity ratio of 101.65. The stock has a market cap of C$85.80 billion, a P/E ratio of 27.72, a PEG ratio of 1.35 and a beta of 0.74. The business’s 50-day moving average price is C$80.74 and its 200-day moving average price is C$78.70.

Alimentation Couche-Tard (TSE:ATD) last posted its quarterly earnings data on Monday, June 22nd. The company reported C$1.00 earnings per share for the quarter. Alimentation Couche-Tard had a return on equity of 20.01% and a net margin of 4.11%. On average, equities research analysts forecast that Alimentation Couche-Tard will post 4.0410959 EPS for the current year.

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.