National Bankshares Forecasts Strong Price Appreciation for Alimentation Couche-Tard (TSE:ATD.B) Stock

Alimentation Couche-Tard (TSE:ATD.BFree Report) had its price objective lifted by National Bankshares from C$87.00 to C$89.00 in a research report released on Wednesday,BayStreet.CA reports.

Alimentation Couche-Tard Stock Performance

The company has a debt-to-equity ratio of 74.62, a current ratio of 1.53 and a quick ratio of 1.07. The stock has a market cap of C$52.83 billion and a P/E ratio of 16.01. Alimentation Couche-Tard has a 12-month low of C$36.03 and a 12-month high of C$52.42. The stock has a 50-day simple moving average of C$49.67.

Alimentation Couche-Tard Company Profile

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Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.

Further Reading

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