Alimentation Couche-Tard (TSE:ATD) Price Target Raised to C$88.00

Alimentation Couche-Tard (TSE:ATD) had its target price upped by National Bank Financial from C$86.00 to C$88.00 in a report published on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Stifel Nicolaus raised their price objective on Alimentation Couche-Tard from C$85.00 to C$88.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Jefferies Financial Group increased their target price on shares of Alimentation Couche-Tard from C$88.00 to C$96.00 in a report on Thursday. Scotiabank boosted their price objective 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. BMO Capital Markets upped their price objective on Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the company a “market perform” rating in a research note on Thursday. Finally, TD Securities lifted their target price on shares of Alimentation Couche-Tard from C$89.00 to C$90.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$91.17.

Alimentation Couche-Tard Price Performance

ATD stock opened at C$83.86 on Thursday. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The company’s 50-day moving average is C$75.04 and its 200-day moving average is C$73.13. The stock has a market capitalization of C$77.63 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 1.35 and a beta of 0.28. Alimentation Couche-Tard has a 1 year low of C$65.95 and a 1 year high of C$84.02.

Alimentation Couche-Tard Increases Dividend

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

More Alimentation Couche-Tard News

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.