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

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

Several other analysts also recently issued reports on the stock. Canaccord Genuity Group increased their price objective on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a research report on Wednesday, November 20th. Desjardins lowered their price objective on shares of Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating for the company in a research report on Tuesday, February 11th. National Bank Financial raised shares of Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Canaccord Genuity Group lowered their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. Finally, CIBC lowered their price objective on shares of Alimentation Couche-Tard from C$89.00 to C$87.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$87.31.

Alimentation Couche-Tard Trading Up 0.3 %

TSE ATD opened at C$67.99 on Monday. Alimentation Couche-Tard has a one year low of C$67.50 and a one year high of C$85.53. The company’s 50 day moving average price is C$73.56 and its 200 day moving average price is C$75.81. 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 firm has a market capitalization of C$45.17 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 1.35 and a beta of 0.89.

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.