Alimentation Couche-Tard Inc. (TSE:ATD – Get Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$67.50 and last traded at C$68.62, with a volume of 90645 shares trading hands. The stock had previously closed at C$67.77.
Analyst Ratings Changes
Several research analysts have weighed in on ATD shares. Canaccord Genuity Group lowered their target price on shares of Alimentation Couche-Tard from C$85.00 to C$84.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. National Bank Financial upgraded Alimentation Couche-Tard from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Canaccord Genuity Group raised their target price on shares of Alimentation Couche-Tard from C$83.00 to C$85.00 in a report on Wednesday, November 20th. Desjardins lowered their price target on shares of Alimentation Couche-Tard from C$87.00 to C$84.00 and set a “hold” rating for the company in a report on Tuesday, February 11th. Finally, TD Securities reduced their price objective on shares of Alimentation Couche-Tard from C$90.00 to C$89.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$87.54.
Read Our Latest Analysis on ATD
Alimentation Couche-Tard Stock Up 0.3 %
About Alimentation Couche-Tard
Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.
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