Alimentation Couche Tard Inc (ATD.B) Target Price Lowered to C$73.00 at CIBC

Alimentation Couche Tard Inc (ATD.B) Target Price Lowered to C$73.00 at CIBC

Alimentation Couche Tard Inc (TSE:ATD.B) had its target price reduced by CIBC from C$76.00 to C$73.00 in a research note released on Wednesday.

ATD.B has been the subject of a number of other reports. TD Securities reaffirmed an action list buy rating and set a C$87.00 price objective on shares of Alimentation Couche Tard in a research note on Monday, January 23rd. Eight Capital reduced their price objective on shares of Alimentation Couche Tard from C$74.00 to C$70.00 in a research note on Wednesday, March 15th. Scotiabank reaffirmed an outperform rating and set a C$80.00 price objective on shares of Alimentation Couche Tard in a research note on Wednesday, November 23rd. National Bank Financial reduced their price objective on shares of Alimentation Couche Tard from C$77.00 to C$74.00 in a research note on Monday, March 6th. Finally, Royal Bank of Canada upped their price objective on shares of Alimentation Couche Tard from C$82.00 to C$83.00 and gave the company an outperform rating in a research note on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of C$73.33.

Alimentation Couche Tard Company Profile

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.

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