Alimentation Couche-Tard (TSE:ATD) Price Target Lowered to C$94.00 at UBS Group

Alimentation Couche-Tard (TSE:ATD) had its price target dropped by UBS Group from C$97.00 to C$94.00 in a research note issued to investors on Monday,BayStreet.CA reports. UBS Group’s target price would indicate a potential upside of 38.54% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Desjardins reduced their price objective on Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating for the company in a research note on Tuesday, February 11th. CIBC lowered their price objective on Alimentation Couche-Tard from C$89.00 to C$87.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 25th. Canaccord Genuity Group cut their target price on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. National Bankshares lifted their target price on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. Finally, Scotiabank reduced their price objective on shares of Alimentation Couche-Tard from C$91.00 to C$85.00 and set an “outperform” rating for the company in a research note on Tuesday, March 4th. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$87.31.

Alimentation Couche-Tard Stock Up 0.1 %

Shares of TSE ATD traded up C$0.08 during trading on Monday, hitting C$67.85. The stock had a trading volume of 759,113 shares, compared to its average volume of 1,259,781. Alimentation Couche-Tard has a 12 month low of C$67.50 and a 12 month high of C$85.53. The company has a market capitalization of C$45.08 billion, a PE ratio of 17.70, a PEG ratio of 1.35 and a beta of 0.89. The firm has a fifty day moving average of C$73.73 and a two-hundred day moving average of C$75.88. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.