Alimentation Couche-Tard (TSE:ATD – Free Report) had its price target lowered by TD from C$110.00 to C$103.00 in a report released on Thursday morning,BayStreet reports. The firm currently has a buy rating on the stock.
Other analysts also recently issued research reports about the stock. BMO Capital Markets reduced their target price on shares of Alimentation Couche-Tard from C$95.00 to C$90.00 and set a “market perform” rating for the company in a report on Thursday. Canaccord Genuity Group increased their price target on shares of Alimentation Couche-Tard from C$94.00 to C$101.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. National Bank Financial raised their price objective on shares of Alimentation Couche-Tard from C$91.00 to C$102.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. UBS Group boosted their price objective on Alimentation Couche-Tard from C$91.00 to C$104.00 in a report on Wednesday, June 24th. Finally, Raymond James Financial lowered their target price on Alimentation Couche-Tard from C$105.00 to C$100.00 in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$99.73.
Alimentation Couche-Tard Stock Performance
Alimentation Couche-Tard (TSE:ATD – Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The company reported C$1.26 EPS for the quarter. Alimentation Couche-Tard had a net margin of 3.95% and a return on equity of 19.91%. The firm had revenue of C$30.43 billion during the quarter. As a group, sell-side analysts expect that Alimentation Couche-Tard will post 4.0410959 earnings per share for the current fiscal year.
Alimentation Couche-Tard Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 25th will be given a $0.215 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Alimentation Couche-Tard’s dividend payout ratio (DPR) 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.
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