Scotia Cuts Alimentation Couche-Tard (TSE:ATD) Price Target to C$102.00

Alimentation Couche-Tard (TSE:ATDFree Report) had its price objective trimmed by Scotia from C$104.00 to C$102.00 in a research note released on Thursday morning,BayStreet reports. The firm currently has a sector outperform rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Stifel Nicolaus lowered their price target on shares of Alimentation Couche-Tard from C$108.00 to C$102.00 and set a “buy” rating on the stock in a research note on Thursday. UBS Group raised their price objective on shares of Alimentation Couche-Tard from C$91.00 to C$104.00 in a research note on Wednesday, June 24th. National Bank Financial lowered their target price on shares of Alimentation Couche-Tard from C$102.00 to C$101.00 and set an “outperform” rating on the stock in a research report on Thursday. Canaccord Genuity Group upped their target price on shares of Alimentation Couche-Tard from C$94.00 to C$101.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Finally, Raymond James Financial dropped their target price on shares of Alimentation Couche-Tard from C$105.00 to C$100.00 in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$99.73.

Read Our Latest Stock Analysis on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Performance

Shares of ATD opened at C$82.00 on Thursday. The stock has a market capitalization of C$75.27 billion, a P/E ratio of 23.84, a P/E/G ratio of 1.35 and a beta of 0.67. The company has a debt-to-equity ratio of 92.19, a quick ratio of 0.88 and a current ratio of 1.26. Alimentation Couche-Tard has a 1 year low of C$68.30 and a 1 year high of C$95.15. The company’s fifty day moving average is C$89.32 and its two-hundred day moving average is C$83.69.

Alimentation Couche-Tard (TSE:ATDGet Free Report) last issued its earnings results on Tuesday, September 1st. The company reported C$1.26 earnings per share (EPS) for the quarter. Alimentation Couche-Tard had a return on equity of 19.91% and a net margin of 3.95%.The business had revenue of C$30.43 billion during the quarter. On average, sell-side analysts predict that Alimentation Couche-Tard will post 4.0410959 earnings per share for the current year.

Alimentation Couche-Tard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 25th will be issued a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, September 11th. Alimentation Couche-Tard’s dividend payout ratio is presently 17.49%.

Trending Headlines about Alimentation Couche-Tard

Here are the key news stories impacting Alimentation Couche-Tard this week:

  • Positive Sentiment: The company announced a quarterly dividend of C$0.215 per share, payable September 25 to shareholders of record on September 25. The dividend implies an annualized payout of approximately C$0.86 per share and a yield near 1%, providing ongoing shareholder returns. The ex-dividend date is September 11.
  • Positive Sentiment: Despite target reductions, TD, Stifel Nicolaus, Scotia, and National Bank Financial maintained bullish ratings, including “buy,” “sector outperform,” and “outperform.” Their revised targets of C$101–C$103 remain approximately 23%–26% above the recent share price. Tickerreport analyst target updates
  • Neutral Sentiment: Raymond James lowered its target to C$100 but retained a materially higher valuation than the current market price, indicating that the firm still sees substantial potential upside.
  • Negative Sentiment: Multiple analysts cut their price targets: Raymond James to C$100 from C$105, Stifel to C$102 from C$108, TD to C$103 from C$110, BMO to C$90 from C$95, Scotia to C$102 from C$104, and National Bank Financial to C$101 from C$102. The coordinated reductions suggest more cautious near-term earnings or valuation expectations.
  • Negative Sentiment: BMO Capital Markets downgraded its stance to “market perform” while lowering its target to C$90, signaling more limited expected upside than the other covering firms.

Alimentation Couche-Tard Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Alimentation Couche-Tard (TSE:ATD)

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