Raymond James Financial Cuts Alimentation Couche-Tard (TSE:ATD) Price Target to C$100.00

Alimentation Couche-Tard (TSE:ATD) had its target price reduced by Raymond James Financial from C$105.00 to C$100.00 in a research report report published on Thursday,BayStreet reports.

A number of other research firms have also issued reports on ATD. Stifel Nicolaus cut their price target on shares of Alimentation Couche-Tard from C$110.00 to C$108.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. Scotia decreased their price objective on shares of Alimentation Couche-Tard from C$107.00 to C$104.00 and set a “sector outperform” rating for the company in a research note on Wednesday, August 19th. Royal Bank Of Canada set a C$111.00 price objective on shares of Alimentation Couche-Tard and gave the stock an “outperform” rating in a research report on Wednesday. National Bank Financial boosted their target price on shares of Alimentation Couche-Tard from C$91.00 to C$102.00 and gave the company an “outperform” rating in a research note on Wednesday, June 24th. Finally, UBS Group increased their target price on Alimentation Couche-Tard from C$91.00 to C$104.00 in a report on Wednesday, June 24th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Alimentation Couche-Tard has a consensus rating of “Moderate Buy” and an average target price of C$99.73.

Alimentation Couche-Tard Price Performance

Shares of TSE ATD opened at C$82.00 on Thursday. Alimentation Couche-Tard has a twelve month low of C$68.30 and a twelve month high of C$95.15. The company has a current ratio of 1.26, a quick ratio of 0.88 and a debt-to-equity ratio of 92.19. The company has a market capitalization of C$75.27 billion, a price-to-earnings ratio of 23.84, a PEG ratio of 1.35 and a beta of 0.67. The firm has a 50-day moving average of C$89.32 and a two-hundred day moving average of C$83.69.

Alimentation Couche-Tard (TSE:ATD) last posted its quarterly earnings data on Tuesday, September 1st. The company reported C$1.26 earnings per share for the quarter. The company had revenue of C$30.43 billion during the quarter. Alimentation Couche-Tard had a net margin of 3.95% and a return on equity of 19.91%. As a group, analysts expect that Alimentation Couche-Tard will post 4.0410959 earnings per share for the current fiscal year.

Alimentation Couche-Tard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 25th will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, September 11th. Alimentation Couche-Tard’s dividend payout ratio is presently 17.49%.

Trending Headlines about Alimentation Couche-Tard

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

• Positive Sentiment: The company announced a quarterly dividend of C$0.215 per share, payable September 25 to shareholders of record on September 25. The dividend implies an annualized payout of approximately C$0.86 per share and a yield near 1%, providing ongoing shareholder returns. The ex-dividend date is September 11.
• Positive Sentiment: Despite target reductions, TD, Stifel Nicolaus, Scotia, and National Bank Financial maintained bullish ratings, including “buy,” “sector outperform,” and “outperform.” Their revised targets of C$101–C$103 remain approximately 23%–26% above the recent share price. Tickerreport analyst target updates
• Neutral Sentiment: Raymond James lowered its target to C$100 but retained a materially higher valuation than the current market price, indicating that the firm still sees substantial potential upside.
• Negative Sentiment: Multiple analysts cut their price targets: Raymond James to C$100 from C$105, Stifel to C$102 from C$108, TD to C$103 from C$110, BMO to C$90 from C$95, Scotia to C$102 from C$104, and National Bank Financial to C$101 from C$102. The coordinated reductions suggest more cautious near-term earnings or valuation expectations.
• Negative Sentiment: BMO Capital Markets downgraded its stance to “market perform” while lowering its target to C$90, signaling more limited expected upside than the other covering firms.

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.