BMO Capital Markets Lowers Alimentation Couche-Tard (TSE:ATD) Price Target to C$82.00

Alimentation Couche-Tard (TSE:ATD) had its price objective lowered by stock analysts at BMO Capital Markets from C$85.00 to C$82.00 in a research note issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ target price would indicate a potential upside of 15.38% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Stifel Nicolaus decreased their price objective on shares of Alimentation Couche-Tard from C$88.00 to C$86.00 and set a “buy” rating for the company in a report on Thursday. Desjardins dropped their target price on shares of Alimentation Couche-Tard from C$84.00 to C$82.00 and set a “buy” rating for the company in a research report on Thursday. TD Securities dropped their target price on shares of Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. JPMorgan Chase & Co. decreased their price target on shares of Alimentation Couche-Tard from C$89.00 to C$86.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, UBS Group decreased their price target on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a research note on Monday. Twelve research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$86.31.

Alimentation Couche-Tard Stock Up 0.5 %

Shares of ATD stock traded up C$0.33 on Thursday, hitting C$71.07. The stock had a trading volume of 828,429 shares, compared to its average volume of 1,298,772. The business has a 50 day moving average of C$73.23 and a 200 day moving average of C$75.68. The stock has a market cap of C$47.22 billion, a price-to-earnings ratio of 18.54, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$85.53.

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.