Alimentation Couche-Tard (TSE:ATD) Price Target Raised to C$92.00

Alimentation Couche-Tard (TSE:ATD) had its price objective raised by Canadian Imperial Bank of Commerce from C$88.00 to C$92.00 in a research note published on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce currently has an outperform rating on the stock.

A number of other research analysts have also commented on the company. TD Securities upped their price target on Alimentation Couche-Tard from C$89.00 to C$90.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Desjardins set a C$85.00 price target on shares of Alimentation Couche-Tard and gave the stock a “buy” rating in a research report on Friday, December 19th. Stifel Nicolaus upped their price objective on shares of Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Scotiabank lifted their target price on Alimentation Couche-Tard from C$84.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group boosted their price target on Alimentation Couche-Tard from C$88.00 to C$96.00 in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Alimentation Couche-Tard currently has a consensus rating of “Moderate Buy” and an average price target of C$91.17.

Alimentation Couche-Tard Trading Up 1.1%

Shares of TSE ATD opened at C$83.86 on Thursday. The business has a 50 day simple moving average of C$75.04 and a 200 day simple moving average of C$73.13. Alimentation Couche-Tard has a 52 week low of C$65.95 and a 52 week high of C$84.02. The stock has a market cap of C$77.63 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 1.35 and a beta of 0.28. 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 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. This is an increase from Alimentation Couche-Tard’s previous quarterly dividend of $0.20. The ex-dividend date was Wednesday, December 3rd. Alimentation Couche-Tard’s dividend payout ratio is 20.29%.

Key Headlines Impacting Alimentation Couche-Tard

Here are the key news stories impacting Alimentation Couche-Tard this week:

• Positive Sentiment: Royal Bank of Canada raised its target to C$100 and kept an “outperform” rating (roughly +20.6% upside vs. the cited C$82.95 reference). RBC Raises Target
• Positive Sentiment: TD Securities boosted its target to C$100 and set a “buy” rating (about +20.6% upside vs. the cited price). TD Raises Target
• Positive Sentiment: Jefferies raised its target to C$96 (≈+15.7% upside vs. the cited price). Jefferies Raises Target
• Positive Sentiment: Stifel Nicolaus increased its target to C$95 and assigned a “buy” rating (≈+14.5% upside). Stifel Raises Target
• Positive Sentiment: CIBC World Markets raised its target to C$92 and maintained an “outperform” view (≈+10.9% upside). CIBC Raises Target TickerReport
• Positive Sentiment: Desjardins bumped its target to C$92 and put a “buy” rating on the stock (≈+10.9% upside). Desjardins Raises Target
• Positive Sentiment: National Bank Financial raised its target to C$88 and now carries an “outperform” rating (≈+6.1% upside). National Bank Raises Target
• Neutral Sentiment: BMO Capital Markets raised its target modestly to C$84 but kept a “market perform” view (only ~+1.3% upside), a more cautious signal amid the broader positive revisions. BMO Raises Target
• Neutral Sentiment: Coverage roundup / analysis pieces are highlighting the cluster of upgrades as the key driver behind the stock’s momentum today. How Recent Analyst Moves Are Shaping The Story For Alimentation Couche-Tard

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia.