Alimentation Couche-Tard (ATD.B) Price Target Increased to C$79.00 by Analysts at BMO Capital Markets

Alimentation Couche-Tard (TSE:ATD.B) had its price target increased by BMO Capital Markets from C$78.00 to C$79.00 in a research note released on Tuesday.

A number of other brokerages have also weighed in on ATD.B. CIBC boosted their target price on Alimentation Couche-Tard from C$75.00 to C$80.00 in a research report on Thursday, November 29th. Barclays boosted their target price on Alimentation Couche-Tard from C$73.00 to C$75.00 in a research report on Thursday, November 22nd. Desjardins boosted their target price on Alimentation Couche-Tard from C$74.00 to C$77.00 and gave the stock a buy rating in a research report on Thursday, November 29th. TD Securities boosted their target price on Alimentation Couche-Tard from C$82.00 to C$84.00 and gave the stock a buy rating in a research report on Thursday, November 29th. Finally, National Bank Financial boosted their target price on Alimentation Couche-Tard from C$76.00 to C$79.00 and gave the stock an outperform rating in a research report on Thursday, November 29th. Six investment analysts have rated the stock with a buy rating, Alimentation Couche-Tard has an average rating of Buy and a consensus price target of C$77.90.

Shares of Alimentation Couche-Tard stock opened at C$70.92 on Tuesday. Alimentation Couche-Tard has a 1 year low of C$56.06 and a 1 year high of C$67.96.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 20th. Stockholders of record on Thursday, December 20th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Wednesday, December 5th.

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

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