RBC Capital Believes Alimentation Couche-Tard Inc (TSX: ATD.A) Won’t Stop Here

Today, an analyst has provided a rating update for Alimentation Couche-Tard Inc (ATD.AResearch Report). The company received a Buy rating from RBC Capital’s analyst Irene Nattel, with a C$88 price target.

According to TipRanks.com, Nattel is a 4-star analyst with an average return of 4.5% and a 59.4% success rate. Nattel covers the Services sector, focusing on stocks such as Loblaw Companies Limited, Canadian Tire Corp Ltd, and Casey’s General.

Currently, the analyst consensus on Alimentation Couche-Tard Inc is a Strong Buy with an average price target of C$82.44.

The company has a one-year high of C$82.09 and a one-year low of C$52.55. Currently, Alimentation Couche-Tard Inc has an average volume of 2,270.

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 Monday at C$81.24, close to its 52-week high of C$82.09.

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