Alimentation Couche-Tard (ATD.B) Price Target Raised to C$84.00 at TD Securities

Alimentation Couche-Tard (TSE:ATD.B) had its target price lifted by TD Securities from C$82.00 to C$84.00 in a report released on Thursday. TD Securities currently has a buy rating on the stock.

A number of other equities analysts also recently commented on ATD.B. Barclays lifted their price objective on Alimentation Couche-Tard from C$73.00 to C$75.00 in a research report on Thursday, November 22nd. Desjardins lifted their price objective on Alimentation Couche-Tard from C$70.00 to C$74.00 and gave the stock a buy rating in a research report on Friday, September 7th. National Bank Financial lifted their price objective on Alimentation Couche-Tard from C$73.00 to C$76.00 and gave the stock an outperform rating in a research report on Friday, September 7th. CIBC lifted their price objective on Alimentation Couche-Tard from C$73.00 to C$75.00 in a research report on Friday, September 7th. Finally, BMO Capital Markets reiterated an outperform rating and set a C$72.00 price objective on shares of Alimentation Couche-Tard in a research report on Friday, September 7th. Six research analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of C$77.80.

Shares of Alimentation Couche-Tard stock opened at C$69.73 on Thursday. Alimentation Couche-Tard has a one year low of C$56.06 and a one year high of C$67.96.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Investors of record on Thursday, December 20th will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, December 5th. This represents a $0.40 dividend on an annualized basis and a yield of 0.57%.

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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