UBS Group Cuts Alimentation Couche-Tard (TSE:ATD) Price Target to C$94.00

Alimentation Couche-Tard (TSE:ATD) had its price objective reduced by UBS Group from C$97.00 to C$94.00 in a research note published on Monday morning,BayStreet.CA reports.

Several other brokerages have also recently issued reports on ATD. TD Securities decreased their price objective on Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Desjardins decreased their target price on Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating for the company in a research note on Tuesday, February 11th. BMO Capital Markets decreased their target price on Alimentation Couche-Tard from C$87.00 to C$85.00 in a research note on Monday, February 10th. CIBC decreased their target price on Alimentation Couche-Tard from C$89.00 to C$87.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Finally, National Bankshares boosted their target price on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Alimentation Couche-Tard has an average rating of “Moderate Buy” and a consensus price target of C$87.23.

Alimentation Couche-Tard Stock Performance

Shares of ATD opened at C$70.74 on Monday. The stock has a 50-day simple moving average of C$73.23 and a 200-day simple moving average of C$75.68. The company has a debt-to-equity ratio of 101.54, a quick ratio of 0.88 and a current ratio of 0.99. The stock has a market capitalization of C$47.00 billion, a PE ratio of 18.45, a PEG ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a 1 year low of C$65.95 and a 1 year high of C$85.53.

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.