
Scotiabank Sticks to Their Buy Rating for Alimentation Couche-Tard Inc (ATD)
Scotiabank analyst John Zamparo maintained a Buy rating on Alimentation Couche-Tard Inc (ATD – Research Report) today and set a price target of C$78.00. The company's shares closed today at C$67.64.
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According to TipRanks, Zamparo is a 2-star analyst with an average return of 0.9% and a 42.45% success rate.
Alimentation Couche-Tard Inc has an analyst consensus of Strong Buy, with a price target consensus of C$82.82, a 22.44% upside from current levels. In a report released today, CIBC also maintained a Buy rating on the stock with a C$84.00 price target.
Based on Alimentation Couche-Tard Inc's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of C$20.9 billion and a net profit of C$641.4 million. In comparison, last year the company earned a revenue of C$19.62 billion and had a net profit of C$623.4 million
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