Canaccord Genuity Sticks to Their Buy Rating for Alimentation Cl A MV

By Ryan Adsit

Alimentation Cl A MV (TSX: ATD.A), the Services sector company, has received a rating update from a Wall Street analyst today. Analyst Derek Dley from Canaccord Genuity reiterated a Buy rating, with a C$73 price target.

According to TipRanks.com, Dley is ranked #248 out of 4825 analysts.

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Currently, the analyst consensus on Alimentation Cl A MV is a Moderate Buy with an average price target of C$73.

The company has a one-year high of C$67.98 and a one-year low of C$52.55. Currently, Alimentation Cl A MV has an average volume of 2,763.

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’s shares closed on Thursday at C$58.25.