Alimentation Couche-Tard (TSE:ATD) Price Target Lowered to C$86.00 at National Bankshares

Alimentation Couche-Tard (TSE:ATD) had its price target decreased by National Bankshares from C$88.00 to C$86.00 in a research report released on Thursday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other research analysts also recently commented on the company. CIBC reduced 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. Canaccord Genuity Group increased their target price on Alimentation Couche-Tard from C$83.00 to C$85.00 in a research report on Wednesday, November 20th. Desjardins dropped their target price on Alimentation Couche-Tard from C$84.00 to C$82.00 and set a “buy” rating on the stock in a research report on Thursday. UBS Group dropped their target price on Alimentation Couche-Tard from C$97.00 to C$94.00 in a research report on Monday. Finally, National Bank Financial raised Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research report 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. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$86.31.

Alimentation Couche-Tard Trading Down 0.1 %

ATD opened at C$70.65 on Thursday. The stock’s fifty day moving average is C$73.08 and its two-hundred day moving average is C$75.65. The company has a market capitalization of C$46.94 billion, a P/E ratio of 18.43, a PEG ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a 52 week low of C$65.95 and a 52 week 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.

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.