Stifel Nicolaus Boosts Alimentation Couche-Tard (TSE:ATD) Price Target to C$88.00

Alimentation Couche-Tard (TSE:ATD – Free Report) had its price target boosted by Stifel Nicolaus from C$86.00 to C$88.00 in a research report released on Friday morning, BayStreet.CA reports. A number of other research firms have also commented on ATD. CIBC upped their price objective on shares of Alimentation Couche-Tard from C$88.00 to C$89.00 and gave [...]

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Alimentation Couche-Tard ( TSE:ATD – Free Report ) had its price target boosted by Stifel Nicolaus from C$86.00 to C$88.00 in a research report released on Friday morning, BayStreet.

CA reports. A number of other research firms have also commented on ATD. CIBC upped their price objective on shares of Alimentation Couche-Tard from C$88.



00 to C$89.00 and gave the company an outperform rating in a research note on Thursday, June 27th. Desjardins reduced their price objective on shares of Alimentation Couche-Tard from C$96.

00 to C$94.00 and set an outperform rating for the company in a research note on Thursday. National Bankshares upped their price objective on shares of Alimentation Couche-Tard from C$84.

00 to C$86.00 and gave the company a sector perform rating in a research note on Tuesday, August 27th. Royal Bank of Canada reduced their price objective on shares of Alimentation Couche-Tard from C$96.

00 to C$94.00 in a research note on Thursday. Finally, Canaccord Genuity Group reduced their price objective on shares of Alimentation Couche-Tard from C$87.

00 to C$85.00 and set a buy rating for the company in a research note on Thursday, June 27th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company.

Based on data from MarketBeat.com, Alimentation Couche-Tard presently has a consensus rating of Moderate Buy and a consensus price target of C$87.50.

Read Our Latest Stock Analysis on ATD Alimentation Couche-Tard Stock Performance Alimentation Couche-Tard ( TSE:ATD – Get Free Report ) last posted its quarterly earnings data on Tuesday, June 25th. The company reported C$0.65 earnings per share for the quarter, missing the consensus estimate of C$0.

67 by C($0.02). Alimentation Couche-Tard had a net margin of 3.

94% and a return on equity of 21.13%. The business had revenue of C$23.

88 billion for the quarter, compared to the consensus estimate of C$23.13 billion. Analysts forecast that Alimentation Couche-Tard will post 4.

0130276 earnings per share for the current fiscal year. Alimentation Couche-Tard Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a dividend of $0.

175 per share. This represents a $0.70 annualized dividend and a yield of 0.

91%. The ex-dividend date of this dividend is Friday, September 13th. Alimentation Couche-Tard’s payout ratio is presently 18.

47%. Alimentation Couche-Tard Company Profile ( Get Free Report ) Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.

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