Alimentation Couche-Tard Inc (ATD – Research Report) has received a rating update from a Wall Street analyst yesterday. Analyst Irene Nattel from RBC Capital remains bullish on the stock and has a C$94.00 price target.
Nattel has an average return of 10.2% when recommending Alimentation Couche-Tard Inc.
According to TipRanks.com, Nattel is ranked #496 out of 8568 analysts.
Alimentation Couche-Tard Inc has an analyst consensus of Strong Buy, with a price target consensus of C$81.25, implying an 11.3% upside from current levels. In a report released today, Desjardins also maintained a Buy rating on the stock with a C$79.00 price target.
The company has a one-year high of C$74.49 and a one-year low of C$55.56. Currently, Alimentation Couche-Tard Inc has an average volume of 1.17M.
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. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.
The company’s shares closed last Wednesday at C$74.34, close to its 52-week high of C$74.49.
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