GMP FirstEnergy Remains a Buy on Alimentation Cl A MV

By Ryan Adsit

Wall Street analyst has provided a review for the Services company on June 26, but retained the same rating on the stock. Alimentation Cl A MV (TSX: ATD.A) received a Buy on June 26 from GMP FirstEnergy’s analyst Martin Landry, with a C$78 price target.

According to TipRanks.com, Landry is ranked #686 out of 4588 analysts.

Currently, the analyst consensus on Alimentation Cl A MV is Strong Buy and the average price target is C$76, representing a 16.9% upside.

In a report issued on June 23, Scotiabank also maintained a Buy rating on the stock with a C$76 price target.

The company has a one year high of C$69.48 and a one year low of C$53.75. Currently, Alimentation Cl A MV has an average volume of 1,942.

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 Tuesday at $65.