Alimentation Couche-Tard Inc (TSE:ATD.B) has earned a consensus rating of “Buy” from the twelve brokerages that are presently covering the firm. One investment analyst has rated the stock with a sell recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$75.92.

ATD.B has been the subject of a number of recent research reports. TD Securities reiterated an “action list buy” rating and issued a C$79.00 target price on shares of Alimentation Couche-Tard in a research note on Monday, July 11th. Royal Bank Of Canada increased their target price on Alimentation Couche-Tard from C$69.00 to C$81.00 and gave the company an “outperform” rating in a research note on Wednesday, August 24th. Scotiabank increased their target price on Alimentation Couche-Tard from C$74.00 to C$79.00 and gave the company an “outperform” rating in a research note on Tuesday, August 23rd. BMO Capital Markets increased their price target on Alimentation Couche-Tard from C$69.00 to C$78.00 and gave the company an “outperform” rating in a report on Tuesday, August 23rd. Finally, CSFB increased their price target on Alimentation Couche-Tard from C$47.00 to C$55.00 and gave the company an “underperform” rating in a report on Tuesday, August 23rd.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.

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