Alimentation Couche-Tard (TSE:ATD.B) had its price objective boosted by CIBC from C$87.00 to C$94.00 in a research report sent to investors on Thursday morning, BayStreet.CA reports.
Other analysts also recently issued research reports about the stock. Canaccord Genuity increased their target price on shares of Alimentation Couche-Tard from C$78.00 to C$82.00 and gave the company a buy rating in a research report on Thursday, July 4th. National Bank Financial downgraded shares of Theratechnologies from an outperform market weight rating to a sector perform market weight rating in a research report on Thursday. TD Securities increased their target price on shares of Alimentation Couche-Tard from C$86.00 to C$90.00 and gave the company a buy rating in a research report on Thursday, July 4th. Royal Bank of Canada increased their target price on shares of Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the company an outperform rating in a research report on Monday, April 15th. Finally, Raymond James set a $28.00 target price on shares of Wheaton Precious Metals and gave the company a buy rating in a research report on Thursday, March 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of C$85.56.
TSE:ATD.B opened at C$83.77 on Thursday. The firm has a market cap of $36.63 billion and a P/E ratio of 25.78. The firm’s 50 day moving average price is C$84.36. The company has a debt-to-equity ratio of 78.48, a current ratio of 0.77 and a quick ratio of 0.49. Alimentation Couche-Tard has a fifty-two week low of C$59.12 and a fifty-two week high of C$88.40.
Alimentation Couche-Tard Company Profile
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.
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