Alimentation Couche Tard Inc (ATD.B) Price Target Increased to C$83.00 by Analysts at Royal Bank Of Canada
Alimentation Couche Tard Inc (TSE:ATD.B) had its price objective increased by analysts at Royal Bank Of Canada from C$82.00 to C$83.00 in a report issued on Wednesday. The brokerage presently has an “outperform” rating on the stock.
Several other research analysts also recently issued reports on ATD.B. TD Securities restated an “action list buy” rating and set a C$87.00 price objective on shares of Alimentation Couche Tard in a report on Monday. Scotiabank set a C$80.00 price objective on shares of Alimentation Couche Tard and gave the stock an “outperform” rating in a report on Monday, November 14th. Dundee Securities restated a “buy” rating and set a C$74.00 price objective on shares of Alimentation Couche Tard in a report on Thursday, September 22nd. CSFB lifted their target price on shares of Alimentation Couche Tard from C$55.00 to C$60.00 and gave the company an “underperform” rating in a research report on Thursday, September 22nd. Finally, National Bank Financial lifted their target price on shares of Alimentation Couche Tard from C$76.00 to C$77.00 and gave the company an “outperform” rating in a research report on Wednesday, August 31st. One investment analyst has rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Alimentation Couche Tard currently has a consensus rating of “Buy” and an average target price of C$76.54.
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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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