In a new note to investors today, an analyst has provided a rating update for the NA sector company, Alimentation Couche-Tard Inc (TSX: ATD.A). Analyst Peter Sklar from BMO Capital reiterated a Buy rating, with a C$72 price target.
Sklar has an average return of 4.6% when recommending Alimentation Couche-Tard Inc.
According to TipRanks.com, Sklar is ranked #1226 out of 4875 analysts.
Currently, the analyst consensus on Alimentation Couche-Tard Inc is a Strong Buy with an average price target of C$76.29, a 15.0% upside from current levels. In a report issued on August 27, Barclays also maintained a Buy rating on the stock with a C$73 price target.
.
Alimentation Couche-Tard Inc’s market cap is currently C$37.41B and has a P/E ratio of 17.2. The company has a Price to Book ratio of 3.67.
Alimentation Couche-Tard, Inc. engages in the operation of independent convenience stores. It sells goods for immediate consumption, road transportation fuel, and other products mainly through company-operated stores and franchises stores.
The company’s shares closed on Friday at C$66.35, close to its 52-week high of C$67.98.
