Alimentation Couche-Tard (TSE:ATD.B) had its price target cut by stock analysts at Desjardins from C$78.00 to C$74.00 in a research note issued to investors on Wednesday. Desjardins’ target price indicates a potential upside of 15.90% from the company’s current price.

Several other brokerages have also weighed in on ATD.B. National Bank Financial lifted their price objective on Alimentation Couche-Tard from C$73.00 to C$75.00 in a report on Tuesday, November 21st. Barclays lifted their price objective on Alimentation Couche-Tard from C$70.00 to C$72.00 in a report on Monday, November 27th. CIBC lifted their price objective on Alimentation Couche-Tard from C$71.00 to C$77.00 in a report on Wednesday, November 29th. TD Securities lifted their price objective on Alimentation Couche-Tard from C$78.00 to C$81.00 and gave the stock a “buy” rating in a report on Wednesday, November 29th. Finally, Raymond James Financial lifted their price objective on Alimentation Couche-Tard from C$70.00 to C$73.00 in a report on Wednesday, November 29th. Eight analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of C$74.50.

How to Become a New Pot Stock Millionaire

Shares of ATD.B stock opened at C$63.85 on Wednesday. Alimentation Couche-Tard has a 12-month low of C$56.06 and a 12-month high of C$67.96. The stock has a market capitalization of $36,010.00, a price-to-earnings ratio of 20.40 and a beta of -0.23.

ILLEGAL ACTIVITY NOTICE: “Alimentation Couche-Tard (ATD.B) Price Target Cut to C$74.00” was published by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://www.watchlistnews.com/alimentation-couche-tard-atd-b-price-target-cut-to-c74-00/1958543.html.

About Alimentation Couche-Tard

Alimentation Couche Tard Inc is a Canada-based company, which is engaged in the convenience store industry. It focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. It 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.

Analyst Recommendations for Alimentation Couche-Tard (TSE:ATD.B)

Receive News & Ratings for Alimentation Couche-Tard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alimentation Couche-Tard and related companies with MarketBeat.com's FREE daily email newsletter.