Royal Bank Of Canada set a C$111.00 price objective on Alimentation Couche-Tard (TSE:ATD – Free Report) in a report released on Wednesday morning,BayStreet reports. The firm currently has an outperform rating on the stock.
Other analysts also recently issued research reports about the stock. UBS Group raised their price objective on shares of Alimentation Couche-Tard from C$91.00 to C$104.00 in a research note on Wednesday, June 24th. Raymond James Financial increased their price target on Alimentation Couche-Tard from C$90.00 to C$105.00 in a report on Wednesday, June 24th. Canaccord Genuity Group raised their price target on Alimentation Couche-Tard from C$94.00 to C$101.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. National Bank Financial raised their price target on Alimentation Couche-Tard from C$91.00 to C$102.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 24th. Finally, Scotia dropped their price objective on Alimentation Couche-Tard from C$107.00 to C$104.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 19th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$99.73.
View Our Latest Report on Alimentation Couche-Tard
Alimentation Couche-Tard Price Performance
Alimentation Couche-Tard (TSE:ATD – Get Free Report) last released its quarterly earnings results on Tuesday, September 1st. The company reported C$1.26 EPS for the quarter. The firm had revenue of C$30.43 billion during the quarter. Alimentation Couche-Tard had a net margin of 3.95% and a return on equity of 19.91%. As a group, equities research analysts forecast that Alimentation Couche-Tard will post 4.0410959 EPS for the current year.
Alimentation Couche-Tard Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 25th will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, September 11th. Alimentation Couche-Tard’s payout ratio is 17.53%.
Alimentation Couche-Tard News Summary
Here are the key news stories impacting Alimentation Couche-Tard this week:
- Positive Sentiment: The company announced a quarterly dividend of C$0.215 per share, payable September 25 to shareholders of record on September 25. The dividend implies an annualized payout of approximately C$0.86 per share and a yield near 1%, providing ongoing shareholder returns. The ex-dividend date is September 11.
- Positive Sentiment: Despite target reductions, TD, Stifel Nicolaus, Scotia, and National Bank Financial maintained bullish ratings, including “buy,” “sector outperform,” and “outperform.” Their revised targets of C$101–C$103 remain approximately 23%–26% above the recent share price. Tickerreport analyst target updates
- Neutral Sentiment: Raymond James lowered its target to C$100 but retained a materially higher valuation than the current market price, indicating that the firm still sees substantial potential upside.
- Negative Sentiment: Multiple analysts cut their price targets: Raymond James to C$100 from C$105, Stifel to C$102 from C$108, TD to C$103 from C$110, BMO to C$90 from C$95, Scotia to C$102 from C$104, and National Bank Financial to C$101 from C$102. The coordinated reductions suggest more cautious near-term earnings or valuation expectations.
- Negative Sentiment: BMO Capital Markets downgraded its stance to “market perform” while lowering its target to C$90, signaling more limited expected upside than the other covering firms.
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.
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