A number of other research analysts have also recently weighed in on ATD. National Bank Financial upgraded Alimentation Couche-Tard from a sector perform market weight rating to an outperform market weight rating in a research report on Wednesday, August 31st. Scotiabank lifted their target price on shares of Alimentation Couche-Tard from C$66.00 to C$68.50 in a research report on Wednesday, November 16th. BMO Capital Markets increased their price target on shares of Alimentation Couche-Tard from C$65.00 to C$70.00 in a research report on Thursday, August 18th. Royal Bank of Canada lifted their price objective on Alimentation Couche-Tard from C$79.00 to C$80.00 and gave the stock an outperform rating in a research report on Tuesday, November 15th. Finally, Raymond James upped their target price on Alimentation Couche-Tard from C$60.00 to C$65.00 in a research note on Thursday, September 1st. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alimentation Couche-Tard currently has an average rating of Buy and a consensus price target of C$67.54.
Alimentation Couche-Tard Trading Down 0.7 %
Shares of ATD opened at C$61.46 on Tuesday. Alimentation Couche-Tard has a twelve month low of C$45.23 and a twelve month high of C$63.48. The company has a current ratio of 1.26, a quick ratio of 0.81 and a debt-to-equity ratio of 75.37. The firm has a market capitalization of C$62.82 billion and a P/E ratio of 17.41. The firm’s 50-day moving average is C$58.98 and its two-hundred day moving average is C$56.99.
Alimentation Couche-Tard Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, September 8th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, September 7th. This represents a $0.44 annualized dividend and a yield of 0.72%. Alimentation Couche-Tard’s dividend payout ratio (DPR) is presently 9.30%.
About Alimentation Couche-Tard
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels; and aviation fuels, as well as energy for stationary engines. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac's brands.
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