Alimentation Couche Tard Inc (TSE:ATD.B) has been given a C$80.00 price target by analysts at Scotiabank in a research note issued on Monday. The firm presently has an “outperform” rating on the stock.
Other analysts also recently issued reports about the stock. TD Securities reaffirmed an “action list buy” rating and set a C$87.00 price objective on shares of Alimentation Couche Tard in a report on Monday, January 23rd. CIBC decreased their price objective on shares of Alimentation Couche Tard from C$78.00 to C$76.00 in a report on Wednesday, November 23rd. Finally, Royal Bank Of Canada upped their price objective on shares of Alimentation Couche Tard from C$82.00 to C$83.00 and gave the stock an “outperform” rating in a report on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$76.92.
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About Alimentation Couche Tard
Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.
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