Alimentation Couche-Tard (TSE:ATD) Given New C$86.00 Price Target at Stifel Nicolaus

Alimentation Couche-Tard (TSE:ATD) had its price target lowered by Stifel Nicolaus from C$88.00 to C$86.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other brokerages have also commented on ATD. CIBC dropped their price target on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. dropped 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. TD Securities dropped their price target on shares of Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. National Bankshares dropped their price target on shares of Alimentation Couche-Tard from C$88.00 to C$86.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, UBS Group dropped 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Alimentation Couche-Tard presently has a consensus rating of “Buy” and an average target price of C$86.31.

Alimentation Couche-Tard Stock Down 0.1 %

ATD stock opened at C$70.65 on Thursday. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$85.53. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 101.54. The company has a market cap of C$46.94 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 1.35 and a beta of 0.89. The company has a 50 day moving average of C$73.08 and a two-hundred day moving average of C$75.65.

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.