Stifel Nicolaus Lowers Alimentation Couche-Tard (TSE:ATD) Price Target to C$86.00

Alimentation Couche-Tard (TSE:ATD) had its price target trimmed by Stifel Nicolaus from C$88.00 to C$86.00 in a research note published on Thursday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently commented on the stock. BMO Capital Markets cut their price objective on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 in a research report on Monday, February 10th. Canaccord Genuity Group increased their price target on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. Canaccord Genuity Group cut their price target on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating for the company in a report on Thursday, February 27th. National Bank Financial upgraded shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Finally, UBS Group cut their price target on shares of Alimentation Couche-Tard from C$97.00 to C$94.00 in a report on Monday, March 17th. Ten investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$86.33.

Alimentation Couche-Tard Stock Down 0.4 %

Shares of Alimentation Couche-Tard stock opened at C$70.37 on Thursday. The company has a market cap of C$46.75 billion, a P/E ratio of 18.36, a PEG ratio of 1.35 and a beta of 0.89. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. Alimentation Couche-Tard has a one year low of C$65.95 and a one year high of C$85.53. The firm has a fifty day moving average of C$72.96 and a two-hundred day moving average of C$75.60.

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.