Alimentation Couche-Tard (TSE:ATD) PT Set at C$97.00 by UBS Group

Alimentation Couche-Tard (TSE:ATD) has been given a C$97.00 price objective by analysts at UBS Group in a research note issued on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective indicates a potential upside of 19.22% from the stock’s previous close.

A number of other analysts have also recently weighed in on the company. Royal Bank of Canada reduced their price target on Alimentation Couche-Tard from C$96.00 to C$94.00 in a research report on Thursday, September 5th. CIBC boosted their target price on Alimentation Couche-Tard from C$88.00 to C$89.00 in a report on Wednesday, November 27th. Canaccord Genuity Group increased their price target on Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. BMO Capital Markets boosted their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. Finally, Stifel Nicolaus lifted their target price on shares of Alimentation Couche-Tard from C$86.00 to C$88.00 in a report on Friday, September 6th. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$88.50.

Alimentation Couche-Tard Stock Up 1.1 %

Shares of Alimentation Couche-Tard stock traded up C$0.87 during trading on Friday, hitting C$81.36. 360,256 shares of the stock traded hands, compared to its average volume of 1,465,335. The stock has a market cap of C$77.13 billion, a P/E ratio of 20.97, a PEG ratio of 1.35 and a beta of 0.89. The company has a fifty day moving average price of C$76.72 and a two-hundred day moving average price of C$78.11. Alimentation Couche-Tard has a twelve month low of C$71.31 and a twelve month high of C$87.27. The company has a debt-to-equity ratio of 102.11, a quick ratio of 0.88 and a current ratio of 1.00.

About Alimentation Couche-Tard

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.