Alimentation Couche-Tard Inc. (TSE:ATD) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Alimentation Couche-Tard Inc. (TSE:ATD) have been assigned an average rating of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$87.54.

A number of equities research analysts have issued reports on ATD shares. National Bank Financial upgraded shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. TD Securities reduced their price target on shares of Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Canaccord Genuity Group upped their target price on Alimentation Couche-Tard from C$83.00 to C$85.00 in a research note on Wednesday, November 20th. National Bankshares lifted their price target on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. Finally, BMO Capital Markets lowered their price target on Alimentation Couche-Tard from C$87.00 to C$85.00 in a report on Monday, February 10th.

Alimentation Couche-Tard Price Performance

Alimentation Couche-Tard stock opened at C$67.77 on Monday. The stock’s fifty day moving average price is C$73.73 and its two-hundred day moving average price is C$75.92. The firm has a market cap of C$45.03 billion, a PE ratio of 17.68, a price-to-earnings-growth ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. Alimentation Couche-Tard has a one year low of C$67.63 and a one year high of C$85.53.

About Alimentation Couche-Tard

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.