Alimentation Couche-Tard (TSE:ATD) PT Set at C$82.00 by TD Securities

Alimentation Couche-Tard (TSE:ATD) has been given a C$82.00 target price by analysts at TD Securities in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective indicates a potential upside of 21.23% from the company’s current price.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets dropped their target price on Alimentation Couche-Tard from C$85.00 to C$82.00 in a report on Thursday, March 20th. Veritas upgraded Alimentation Couche-Tard to a “strong-buy” rating in a report on Thursday, March 20th. National Bankshares dropped their price objective on Alimentation Couche-Tard from C$86.00 to C$81.00 and set an “outperform” rating on the stock in a report on Wednesday, May 7th. CIBC dropped their price objective on Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating on the stock in a report on Thursday, March 20th. Finally, Desjardins dropped their price objective on Alimentation Couche-Tard from C$82.00 to C$80.00 and set a “buy” rating on the stock in a report on Friday. Ten investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$83.69.

Alimentation Couche-Tard Price Performance

Shares of ATD opened at C$67.64 on Friday. The company has a market capitalization of C$44.94 billion, a price-to-earnings ratio of 17.64, a P/E/G ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a fifty-two week low of C$65.95 and a fifty-two week high of C$85.53. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The business’s 50-day moving average is C$71.09 and its 200-day moving average is C$72.88.

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.