Alimentation Couche Tard Inc (TSE:ATD.B) has received a consensus recommendation of “Buy” from the thirteen brokerages that are presently covering the firm. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$76.38.

Several research firms have recently weighed in on ATD.B. Royal Bank Of Canada upped their price objective on Alimentation Couche Tard from C$82.00 to C$83.00 and gave the stock an “outperform” rating in a research report on Wednesday. CIBC reduced their price objective on Alimentation Couche Tard from C$78.00 to C$76.00 in a research report on Wednesday. TD Securities reaffirmed an “action list buy” rating and set a C$80.00 price objective on shares of Alimentation Couche Tard in a research report on Wednesday, August 17th. Barclays PLC upped their price objective on Alimentation Couche Tard from C$61.00 to C$76.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 24th. Finally, CSFB upped their price objective on Alimentation Couche Tard from C$47.00 to C$55.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 23rd.

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About Alimentation Couche Tard

Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.

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