Alimentation Cl A MV Receives a Buy from GMP FirstEnergy

By Carrie Williams

Alimentation Cl A MV (TSX: ATD.A), the Services sector company, was revisited by a Wall Street analyst on March 15. Analyst Martin Landry from GMP FirstEnergy reiterated a Buy rating, with a C$78 price target on March 15.

According to TipRanks.com, Landry is ranked #635 out of 4562 analysts.

Currently, the analyst consensus on Alimentation Cl A MV is Strong Buy and the average price target is C$74.86, representing a 20.5% upside.

In a report issued on March 15, Barclays also maintained a Buy rating on the stock with a C$72 price target.

Alimentation Cl A MV’s market cap is currently C$35.28B and has a P/E ratio of 26.1.

Alimentation Couche-Tard, Inc. operates independent convenience stores in Canada. It engages in the sale of goods for immediate consumption, road transportation fuel, and other products mainly through corporate stores and franchise operations under different brand names namely, Circle K, Couche-Tard, Mac’s Kangaroo Express, Statoil, Ingo, Topaz, and Re.Store. The company was founded by Alain Bouchard in 1980 and is headquartered in Laval, Canada.