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

Shares of Alimentation Couche-Tard Inc. (TSE:ATD) have been given an average rating of “Moderate Buy” by the twelve ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$87.54.

ATD has been the topic of several analyst reports. UBS Group set a C$97.00 target price on Alimentation Couche-Tard and gave the company a “buy” rating in a report on Friday, December 13th. TD Securities cut their price target on Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. National Bankshares increased their price target on Alimentation Couche-Tard from C$85.00 to C$87.00 in a report on Wednesday, November 27th. Desjardins cut their price target on Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating on the stock in a report on Tuesday, February 11th. Finally, BMO Capital Markets cut 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 Stock Performance

Shares of ATD stock opened at C$67.77 on Monday. The business’s 50 day simple moving average is C$73.73 and its 200 day simple moving average is C$75.88. Alimentation Couche-Tard has a one year low of C$67.63 and a one year high of C$85.53. The stock has a market capitalization of C$45.03 billion, a PE ratio of 17.68, a PEG 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 Company Profile

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.