Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Receives Average Recommendation of “Strong Buy” from Brokerages

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) has earned an average rating of “Strong Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company.

Separately, TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Thursday, July 17th.

Alimentation Couche-Tard Price Performance

ANCTF stock opened at $50.66 on Monday. The stock’s fifty day simple moving average is $51.90 and its two-hundred day simple moving average is $50.99. Alimentation Couche-Tard has a 1-year low of $45.61 and a 1-year high of $61.26.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last issued its earnings results on Wednesday, June 25th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The firm had revenue of $16.27 billion during the quarter, compared to the consensus estimate of $16.83 billion.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.