BMO Capital Markets Lowers Alimentation Couche-Tard (TSE:ATD) Price Target to C$82.00

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

Other equities analysts also recently issued research reports about the company. TD Securities dropped their price objective on Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. National Bankshares dropped their price objective on Alimentation Couche-Tard from C$88.00 to C$86.00 and set an “outperform” rating on the stock in a report on Thursday. National Bank Financial upgraded Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price objective on Alimentation Couche-Tard from C$89.00 to C$86.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. Finally, Stifel Nicolaus dropped their price objective on Alimentation Couche-Tard from C$88.00 to C$86.00 and set a “buy” rating on the stock in a report on Thursday. Ten analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$86.33.

Alimentation Couche-Tard Trading Down 0.4 %

TSE:ATD opened at C$70.37 on Thursday. The stock’s 50 day moving average price is C$72.96 and its 200 day moving average price is C$75.60. 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 market capitalization of C$46.75 billion, a P/E ratio of 18.36, a P/E/G ratio of 1.35 and a beta of 0.89. 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 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.