Alimentation Couche-Tard (TSE:ATD) Price Target Raised to C$84.00

Alimentation Couche-Tard (TSE:ATD) had its price objective lifted by BMO Capital Markets from C$79.00 to C$84.00 in a report released on Thursday morning,BayStreet.CA reports. They currently have a market perform rating on the stock.

Other research analysts have also issued reports about the company. Canadian Imperial Bank of Commerce lifted their target price on Alimentation Couche-Tard from C$88.00 to C$92.00 and gave the stock an “outperform” rating in a report on Thursday. National Bank Financial raised their target price on shares of Alimentation Couche-Tard from C$83.00 to C$86.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Jefferies Financial Group upped their price target on Alimentation Couche-Tard from C$88.00 to C$96.00 in a report on Thursday. Scotiabank lifted their target price on Alimentation Couche-Tard from C$84.00 to C$88.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Finally, Desjardins set a C$85.00 target price on Alimentation Couche-Tard and gave the company a “buy” rating in a report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$91.17.

Alimentation Couche-Tard Price Performance

Shares of TSE:ATD opened at C$83.86 on Thursday. The stock’s 50 day moving average price is C$75.04 and its 200 day moving average price is C$73.13. The company has a debt-to-equity ratio of 101.54, a current ratio of 0.99 and a quick ratio of 0.88. The stock has a market cap of C$77.63 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 1.35 and a beta of 0.28. Alimentation Couche-Tard has a 12 month low of C$65.95 and a 12 month high of C$84.02.

Alimentation Couche-Tard Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 17th were given a $0.215 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.86 annualized dividend and a yield of 1.0%. This is an increase from Alimentation Couche-Tard’s previous quarterly dividend of $0.20. Alimentation Couche-Tard’s dividend payout ratio (DPR) is presently 20.29%.

Key Alimentation Couche-Tard News

Here are the key news stories impacting Alimentation Couche-Tard this week:

• Positive Sentiment: Royal Bank of Canada raised its target to C$100 and kept an “outperform” rating (roughly +20.6% upside vs. the cited C$82.95 reference). RBC Raises Target
• Positive Sentiment: TD Securities boosted its target to C$100 and set a “buy” rating (about +20.6% upside vs. the cited price). TD Raises Target
• Positive Sentiment: Jefferies raised its target to C$96 (≈+15.7% upside vs. the cited price). Jefferies Raises Target
• Positive Sentiment: Stifel Nicolaus increased its target to C$95 and assigned a “buy” rating (≈+14.5% upside). Stifel Raises Target
• Positive Sentiment: CIBC World Markets raised its target to C$92 and maintained an “outperform” view (≈+10.9% upside). CIBC Raises Target TickerReport
• Positive Sentiment: Desjardins bumped its target to C$92 and put a “buy” rating on the stock (≈+10.9% upside). Desjardins Raises Target
• Positive Sentiment: National Bank Financial raised its target to C$88 and now carries an “outperform” rating (≈+6.1% upside). National Bank Raises Target
• Neutral Sentiment: BMO Capital Markets raised its target modestly to C$84 but kept a “market perform” view (only ~+1.3% upside), a more cautious signal amid the broader positive revisions. BMO Raises Target
• Neutral Sentiment: Coverage roundup / analysis pieces are highlighting the cluster of upgrades as the key driver behind the stock’s momentum today. How Recent Analyst Moves Are Shaping The Story For Alimentation Couche-Tard

About Alimentation Couche-Tard

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.