Alimentation Couche-Tard (ATD.B) PT Raised to C$81.00
Alimentation Couche-Tard (TSE:ATD.B) had its target price hoisted by equities research analysts at TD Securities from C$78.00 to C$81.00 in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 23.12% from the company’s current price.
ATD.B has been the subject of several other reports. Barclays dropped their price target on Alimentation Couche-Tard from C$73.84 to C$71.00 in a report on Tuesday, August 29th. CIBC raised their price objective on Alimentation Couche-Tard from C$71.00 to C$77.00 in a report on Wednesday. Scotiabank cut their price objective on Alimentation Couche-Tard from C$77.00 to C$73.00 and set an “outperform” rating on the stock in a report on Thursday, September 7th. Eight Capital cut their target price on Alimentation Couche-Tard from C$77.00 to C$65.00 and set a “neutral” rating on the stock in a report on Thursday, August 24th. Finally, National Bank Financial lifted their target price on Alimentation Couche-Tard from C$75.00 to C$76.00 and gave the stock an “outperform” rating in a report on Wednesday. Eight investment analysts have rated the stock with a buy rating, Alimentation Couche-Tard has a consensus rating of “Buy” and an average target price of C$75.82.
Alimentation Couche-Tard (ATD.B) opened at C$65.79 on Wednesday. Alimentation Couche-Tard has a 52-week low of C$56.06 and a 52-week high of C$66.53.
About Alimentation Couche-Tard
Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It 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.
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