Alimentation Couche Tard Inc (TSE:ATD.B) had its price objective decreased by Scotiabank from C$80.00 to C$76.00 in a research note issued to investors on Wednesday. Scotiabank currently has an outperform rating on the stock.
ATD.B has been the subject of several other research reports. TD Securities reiterated an action list buy rating and issued a C$87.00 price target on shares of Alimentation Couche Tard in a report on Monday, January 23rd. BMO Capital Markets reduced their price target on shares of Alimentation Couche Tard from C$78.00 to C$72.00 in a report on Wednesday, March 15th. CIBC reduced their price target on shares of Alimentation Couche Tard from C$78.00 to C$76.00 in a report on Wednesday, November 23rd. Eight Capital reduced their price target on shares of Alimentation Couche Tard from C$74.00 to C$70.00 in a report on Wednesday, March 15th. Finally, National Bank Financial reduced their price target on shares of Alimentation Couche Tard from C$77.00 to C$74.00 in a report on Monday, March 6th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. Alimentation Couche Tard currently has an average rating of Buy and a consensus price target of C$73.33.
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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.
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