Recent Analysts’ Ratings Updates for Alimentation Couche-Tard (ATD.B)

A number of firms have modified their ratings and price targets on shares of Alimentation Couche-Tard (TSE: ATD.B) recently:

  • 3/22/2019 – Alimentation Couche-Tard had its price target raised by analysts at BMO Capital Markets from C$79.00 to C$84.00. They now have an “outperform” rating on the stock.
  • 3/21/2019 – Alimentation Couche-Tard was given a new C$80.00 price target on by analysts at Raymond James.
  • 3/21/2019 – Alimentation Couche-Tard had its price target raised by analysts at CIBC from C$80.00 to C$82.00.
  • 3/20/2019 – Alimentation Couche-Tard had its price target lowered by analysts at Royal Bank of Canada from C$86.00 to C$85.00. They now have an “outperform” rating on the stock.
  • 3/15/2019 – Alimentation Couche-Tard had its price target raised by analysts at National Bank Financial from C$79.00 to C$80.00. They now have an “outperform” rating on the stock.
  • 2/26/2019 – Alimentation Couche-Tard had its price target raised by analysts at Royal Bank of Canada from C$80.00 to C$86.00. They now have an “outperform” rating on the stock.

Shares of Alimentation Couche-Tard stock traded up C$0.32 during trading on Friday, reaching C$78.72. The company’s stock had a trading volume of 1,530,745 shares, compared to its average volume of 765,673. The company has a debt-to-equity ratio of 94.51, a quick ratio of 0.69 and a current ratio of 1.07. The firm has a market capitalization of $34.43 billion and a PE ratio of 24.67. Alimentation Couche-Tard Inc has a one year low of C$56.06 and a one year high of C$67.96.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, April 11th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from Alimentation Couche-Tard’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.64%. Alimentation Couche-Tard’s payout ratio is presently 12.54%.

Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.

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