Alimentation Couche Tard Inc (TSE:ATD.B) has been assigned a consensus rating of “Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$73.63.

A number of analysts recently issued reports on ATD.B shares. Eight Capital lifted their price objective on Alimentation Couche Tard from C$70.00 to C$75.00 in a research report on Thursday, July 6th. Barclays PLC lifted their price objective on Alimentation Couche Tard from C$72.00 to C$74.00 and gave the company an “overweight” rating in a research report on Monday, July 10th. BMO Capital Markets reissued an “outperform” rating and set a C$72.00 price objective on shares of Alimentation Couche Tard in a research report on Tuesday, July 11th. TD Securities lifted their price objective on Alimentation Couche Tard from C$75.00 to C$78.00 and gave the company a “buy” rating in a research report on Tuesday, July 11th. Finally, Desjardins reissued a “buy” rating and set a C$74.00 price objective on shares of Alimentation Couche Tard in a research report on Thursday, July 13th.

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Alimentation Couche Tard Company Profile

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.

Analyst Recommendations for Alimentation Couche Tard (TSE:ATD.B)

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