Alimentation Couche-Tard (TSE:ATD) Price Target Raised to C$100.00

Alimentation Couche-Tard (TSE:ATD) had its target price lifted by TD Securities from C$90.00 to C$100.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also weighed in on ATD. Canadian Imperial Bank of Commerce boosted their price objective on Alimentation Couche-Tard from C$88.00 to C$92.00 and gave the stock an “outperform” rating in a research report on Thursday. Jefferies Financial Group boosted their target price on shares of Alimentation Couche-Tard from C$88.00 to C$96.00 in a report on Thursday. BMO Capital Markets raised their price objective on shares of Alimentation Couche-Tard from C$79.00 to C$84.00 and gave the stock a “market perform” rating in a research report on Thursday. National Bank Financial raised their target price on Alimentation Couche-Tard from C$86.00 to C$88.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Desjardins boosted their price target on shares of Alimentation Couche-Tard from C$85.00 to C$92.00 and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$91.17.

Alimentation Couche-Tard Trading Up 1.1%

Shares of Alimentation Couche-Tard stock opened at C$83.86 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.99 and a debt-to-equity ratio of 101.54. Alimentation Couche-Tard has a 12-month low of C$65.95 and a 12-month high of C$84.02. The company has a market capitalization 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. The firm’s 50-day moving average price is C$75.04 and its two-hundred day moving average price is C$73.13.

Alimentation Couche-Tard Increases Dividend

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

Key Stories Impacting Alimentation Couche-Tard

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.