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

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

A number of other equities analysts have also recently weighed in on ATD. National Bankshares upped their price target on shares of Alimentation Couche-Tard from C$85.00 to C$87.00 in a research note on Wednesday, November 27th. BMO Capital Markets lowered their price target on shares of Alimentation Couche-Tard from C$87.00 to C$85.00 in a research note on Monday, February 10th. CIBC lowered their price target on shares of Alimentation Couche-Tard from C$89.00 to C$87.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 25th. Desjardins lowered their price target on shares of Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating on the stock in a research note on Tuesday, February 11th. Finally, Scotiabank lowered their price target on shares of Alimentation Couche-Tard from C$91.00 to C$85.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$87.31.

Alimentation Couche-Tard Stock Up 0.3 %

Shares of Alimentation Couche-Tard stock opened at C$67.99 on Monday. The company has a market cap of C$45.17 billion, a P/E ratio of 17.73, 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$67.50 and a one year high of C$85.53. The firm has a fifty day moving average of C$73.56 and a two-hundred day moving average of C$75.81.

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.