Alimentation Couche-Tard (TSE:ATD) Given New C$82.00 Price Target at BMO Capital Markets

Alimentation Couche-Tard (TSE:ATD) had its target price cut by BMO Capital Markets from C$85.00 to C$82.00 in a report released on Thursday morning,BayStreet.CA reports.

A number of other research analysts have also recently issued reports on the stock. Canaccord Genuity Group decreased their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating for the company in a report on Thursday, February 27th. CIBC decreased their price objective on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 and set an “outperform” rating for the company in a report on Thursday. UBS Group cut their price target on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a research note on Monday. National Bankshares cut 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, National Bank Financial raised shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Twelve research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$86.31.

Alimentation Couche-Tard Stock Down 0.1 %

Shares of TSE ATD opened at C$70.65 on Thursday. The stock has a market cap of C$46.94 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.35 and a beta of 0.89. The firm has a 50 day moving average price of C$73.08 and a 200 day moving average price of C$75.65. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a 52-week low of C$65.95 and a 52-week high of C$85.53.

About Alimentation Couche-Tard

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.