Shares of Alimentation Couche-Tard Inc (TSE:ATD.B) have been given a consensus rating of “Buy” by the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is C$54.40.
A number of analysts have issued reports on the company. CIBC raised their target price on Alimentation Couche-Tard from C$46.00 to C$49.00 in a report on Thursday, July 2nd. BMO Capital Markets raised their target price on Alimentation Couche-Tard from C$48.00 to C$50.00 in a report on Thursday. Raymond James raised their target price on Alimentation Couche-Tard from C$50.00 to C$53.00 in a report on Thursday. Scotiabank raised their price objective on Alimentation Couche-Tard from C$51.00 to C$53.00 in a research report on Thursday. Finally, National Bank Financial raised their price objective on Alimentation Couche-Tard from C$49.00 to C$52.00 and gave the stock an “outperform” rating in a research report on Thursday.
Shares of TSE ATD.B traded down C$1.08 during mid-day trading on Tuesday, reaching C$44.58. 1,900,601 shares of the company traded hands, compared to its average volume of 765,673. The company has a debt-to-equity ratio of 105.47, a quick ratio of 1.34 and a current ratio of 1.72. The stock has a market cap of $38.29 billion and a PE ratio of 21.33. The company’s fifty day moving average is C$45.55 and its two-hundred day moving average is C$41.63. Alimentation Couche-Tard has a fifty-two week low of C$30.40 and a fifty-two week high of C$47.49.
Alimentation Couche-Tard Company Profile
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.
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