Alimentation Couche-Tard (TSE:ATD – Get Free Report) had its price objective hoisted by equities research analysts at Scotia from C$90.00 to C$94.00 in a research report issued on Thursday,BayStreet.CA reports. The firm presently has a “sector outperform” rating on the stock. Scotia’s price target would indicate a potential upside of 11.49% from the company’s previous close.
Several other equities analysts have also issued reports on the company. TD Securities boosted their target price on Alimentation Couche-Tard from C$90.00 to C$100.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Jefferies Financial Group upped their price objective on Alimentation Couche-Tard from C$88.00 to C$96.00 in a research note on Thursday, February 12th. BMO Capital Markets upped their price objective on Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the stock a “market perform” rating in a research note on Thursday, February 12th. Stifel Nicolaus increased their price target on Alimentation Couche-Tard from C$88.00 to C$95.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, Desjardins upped their price objective on Alimentation Couche-Tard from C$85.00 to C$92.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$92.69.
Read Our Latest Stock Analysis on ATD
Alimentation Couche-Tard Price Performance
Alimentation Couche-Tard (TSE:ATD – Get Free Report) last released its quarterly earnings results on Tuesday, March 17th. The company reported C$1.10 earnings per share (EPS) for the quarter. Alimentation Couche-Tard had a return on equity of 17.65% and a net margin of 3.71%.The business had revenue of C$29.74 billion during the quarter. As a group, sell-side analysts anticipate that Alimentation Couche-Tard will post 4.0410959 EPS for the current fiscal year.
Alimentation Couche-Tard Company Profile
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia.
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