Alimentation Couche-Tard Inc (TSE:ATD.B) Given Average Recommendation of “Buy” by Analysts

Alimentation Couche-Tard Inc (TSE:ATD.BGet Rating) has earned a consensus rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$58.62.

A number of analysts have recently commented on the stock. TD Securities boosted their target price on shares of Alimentation Couche-Tard from C$58.00 to C$60.00 and gave the company a “buy” rating in a report on Tuesday, February 1st. National Bankshares dropped their price target on shares of Alimentation Couche-Tard from C$55.00 to C$53.00 and set a “sector perform” rating on the stock in a research note on Monday, March 14th. Scotiabank upped their price target on shares of Alimentation Couche-Tard from C$61.00 to C$64.00 in a research note on Monday, March 14th. Finally, Desjardins upped their price target on shares of Alimentation Couche-Tard from C$56.00 to C$59.00 and gave the stock a “buy” rating in a research note on Thursday, February 10th.

Shares of ATD.B stock opened at C$49.67 on Monday. Alimentation Couche-Tard has a 12 month low of C$36.03 and a 12 month high of C$52.42. The company has a market cap of C$52.83 billion and a PE ratio of 16.01. The company has a current ratio of 1.53, a quick ratio of 1.07 and a debt-to-equity ratio of 74.62. The firm’s fifty day simple moving average is C$49.67.

About Alimentation Couche-Tard (Get Rating)

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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Analyst Recommendations for Alimentation Couche-Tard (TSE:ATD.B)

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