Credit Suisse Group AG restated their underperform rating on shares of Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) in a report released on Friday. They currently have a $60.00 target price on the stock, up from their prior target price of $55.00.
Several other analysts have also recently issued reports on the company. TD Securities restated a buy rating and set a $80.00 price objective on shares of Alimentation Couche-Tard in a research note on Monday, July 25th. Scotiabank restated an outperform rating and set a $74.00 price objective on shares of Alimentation Couche-Tard in a research note on Saturday, June 25th. Barclays PLC upgraded Alimentation Couche-Tard from an equal weight rating to an overweight rating and upped their price objective for the company from $61.00 to $76.00 in a research note on Wednesday, August 24th. RBC Capital Markets reiterated an outperform rating and set a $81.00 price target (up from $69.00) on shares of Alimentation Couche-Tard in a research report on Thursday, August 25th. Finally, Desjardins reiterated a buy rating and set a $76.00 price target (up from $74.00) on shares of Alimentation Couche-Tard in a research report on Thursday, September 1st. One analyst has rated the stock with a sell rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $75.67.
Alimentation Couche-Tard Company Profile
Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company 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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