Dundee Securities Reaffirms Buy Rating for Alimentation Couche-Tard Inc (ATD.B)
Alimentation Couche-Tard Inc (TSE:ATD.B)‘s stock had its “buy” rating restated by stock analysts at Dundee Securities in a note issued to investors on Thursday. They presently have a C$74.00 price objective on the stock.
Other equities research analysts have also issued research reports about the company. CSFB boosted their price objective on Alimentation Couche-Tard from C$55.00 to C$60.00 and gave the stock an “underperform” rating in a research report on Thursday. TD Securities reaffirmed an “action list buy” rating and set a C$80.00 target price on shares of Alimentation Couche-Tard in a report on Wednesday, August 17th. Scotiabank reaffirmed an “outperform” rating and set a C$74.00 target price on shares of Alimentation Couche-Tard in a report on Wednesday, July 13th. Royal Bank Of Canada lifted their target price on Alimentation Couche-Tard from C$69.00 to C$81.00 and gave the stock an “outperform” rating in a report on Wednesday, August 24th. Finally, Barclays PLC lifted their target price on Alimentation Couche-Tard from C$61.00 to C$76.00 and gave the stock an “overweight” rating in a report on Wednesday, August 24th. One analyst has rated the stock with a sell rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of C$76.15.
About Alimentation Couche-Tard
Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.
Receive News & Ratings for Alimentation Couche-Tard Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alimentation Couche-Tard Inc and related companies with MarketBeat.com's FREE daily email newsletter.