Alimentation Couche-Tard Inc (ATD – Research Report) has received a rating update from a Wall Street analyst on November 23. The NA sector company, Alimentation Couche-Tard Inc (TSX: ATD) has received a rating update from a Wall Street analyst on November 23.
According to TipRanks.com, Nattel is a 5-star analyst with an average return of 7.6% and a 59.1% success rate. Nattel covers the NA sector, focusing on stocks such as Casey’s General, Canadian Tire, and Murphy USA.
Alimentation Couche-Tard Inc has an analyst consensus of Strong Buy, with a price target consensus of C$85.60, representing an 8.1% upside. In a report issued on November 26, Desjardins also maintained a Buy rating on the stock with a C$82.00 price target.
The company has a one-year high of C$80.28 and a one-year low of C$58.92. Currently, Alimentation Couche-Tard Inc has an average volume of 1.15M.
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 Monday at C$78.75, close to its 52-week high of C$80.28.
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