Alimentation Couche-Tard (TSE:ATD – Get Free Report) had its target price raised by stock analysts at Stifel Nicolaus from C$86.00 to C$88.00 in a research note issued to investors on Friday, BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential upside of 14.03% from the company’s previous close.
ATD has been the topic of a number of other research reports. Desjardins reduced their price objective on Alimentation Couche-Tard from C$96.00 to C$94.00 and set an “outperform” rating on the stock in a research report on Thursday. CIBC boosted their price target on Alimentation Couche-Tard from C$88.00 to C$89.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. National Bankshares upped their price objective on Alimentation Couche-Tard from C$84.00 to C$86.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 27th. Royal Bank of Canada cut their target price on shares of Alimentation Couche-Tard from C$96.00 to C$94.00 in a research report on Thursday. Finally, Canaccord Genuity Group decreased their price target on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 and set a “buy” rating for the company in a research report on Thursday, June 27th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$87.50.
View Our Latest Analysis on ATD
Alimentation Couche-Tard Price Performance
Alimentation Couche-Tard (TSE:ATD – Get Free Report) last issued its earnings results on Tuesday, June 25th. The company reported C$0.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.67 by C($0.02). The company had revenue of C$23.88 billion during the quarter, compared to analyst estimates of C$23.13 billion. Alimentation Couche-Tard had a net margin of 3.94% and a return on equity of 21.13%. On average, analysts anticipate that Alimentation Couche-Tard will post 4.0130276 EPS for the current fiscal year.
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.
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