National Bank Financial Raises Alimentation Couche-Tard Inc (ATD.B) Price Target to C$75.00
Alimentation Couche-Tard Inc (TSE:ATD.B) had its target price hoisted by investment analysts at National Bank Financial from C$73.00 to C$75.00 in a report issued on Tuesday. National Bank Financial’s price target points to a potential upside of 17.44% from the company’s previous close.
ATD.B has been the subject of a number of other reports. Barclays PLC reduced their target price on shares of Alimentation Couche-Tard from C$73.84 to C$71.00 in a research note on Tuesday, August 29th. Scotiabank reduced their target price on shares of Alimentation Couche-Tard from C$77.00 to C$73.00 and set an “outperform” rating for the company in a research note on Thursday, September 7th. Eight Capital upgraded shares of Alimentation Couche-Tard from a “neutral” rating to a “buy” rating in a research note on Thursday, October 12th. BMO Capital Markets reiterated an “outperform” rating and issued a C$72.00 target price on shares of Alimentation Couche-Tard in a research note on Monday, October 23rd. Finally, CIBC reduced their target price on shares of Alimentation Couche-Tard from C$73.00 to C$71.00 in a research note on Thursday, September 7th. Seven equities research analysts have rated the stock with a buy rating, Alimentation Couche-Tard has an average rating of “Buy” and a consensus target price of C$73.44.
Alimentation Couche-Tard (TSE:ATD.B) traded up C$0.11 during midday trading on Tuesday, reaching C$63.86. 136,966 shares of the company’s stock were exchanged, compared to its average volume of 793,625. Alimentation Couche-Tard has a 1 year low of C$56.06 and a 1 year high of C$66.00.
Alimentation Couche-Tard Company Profile
Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.
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