Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Several research firms recently weighed in on ANCTF. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Finally, Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday.

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Alimentation Couche-Tard Trading Up 2.9%

Shares of Alimentation Couche-Tard stock traded up $1.72 on Thursday, hitting $60.60. 1,090 shares of the company traded hands, compared to its average volume of 120,373. Alimentation Couche-Tard has a 52 week low of $47.24 and a 52 week high of $62.58. The business has a 50-day simple moving average of $57.16 and a 200 day simple moving average of $56.46.

About Alimentation Couche-Tard

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Alimentation Couche-Tard is a Canadian multinational operator of convenience stores and fuel service stations. Headquartered in Laval, Quebec, the company manages a broad network of outlets offering convenience products, fresh food offerings and fuel under a variety of brand names. Its retail sites typically feature grab-and-go snacks, beverages, tobacco products and basic grocery items, alongside ancillary services such as car washes and loyalty programs.

Founded in 1980, Couche-Tard began as a single convenience store in Laval and has grown rapidly through both organic expansion and targeted acquisitions.

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