Alimentation Couche-Tard (TSE:ATD) PT Set at C$97.00 by UBS Group

Alimentation Couche-Tard (TSE:ATD) received a C$97.00 price objective from investment analysts at UBS Group in a report issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 19.22% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Desjardins increased their price target on shares of Alimentation Couche-Tard from C$84.00 to C$85.00 in a research note on Wednesday, November 27th. CIBC increased their price objective on Alimentation Couche-Tard from C$88.00 to C$89.00 in a research report on Wednesday, November 27th. JPMorgan Chase & Co. lifted their target price on Alimentation Couche-Tard from C$83.00 to C$87.00 in a research note on Thursday, September 19th. National Bankshares upped 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 lifted their price objective on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$88.50.

Alimentation Couche-Tard Price Performance

TSE:ATD traded up C$0.87 during mid-day trading on Friday, reaching C$81.36. 360,256 shares of the company were exchanged, compared to its average volume of 1,465,335. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 102.11. The stock has a market cap of C$77.13 billion, a PE ratio of 20.97, a PEG ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a 12 month low of C$71.31 and a 12 month high of C$87.27. The company has a fifty day moving average of C$76.72 and a 200 day moving average of C$78.11.

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.