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

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

Several analysts have commented on ANCTF shares. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, June 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, June 23rd. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, June 11th. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, June 24th. Finally, TD Securities restated a “buy” rating on shares of Alimentation Couche-Tard in a research report on Tuesday.

View Our Latest Stock Analysis on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Performance

Shares of OTCMKTS:ANCTF opened at $65.75 on Friday. Alimentation Couche-Tard has a 52-week low of $47.24 and a 52-week high of $66.49. The business has a 50-day moving average price of $62.39 and a 200-day moving average price of $59.32.

Alimentation Couche-Tard (OTCMKTS:ANCTFGet Free Report) last issued its earnings results on Monday, June 22nd. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.19. The firm had revenue of $19.49 billion during the quarter, compared to analysts’ expectations of $18.51 billion.

Alimentation Couche-Tard Company Profile

(Get Free Report)

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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Analyst Recommendations for Alimentation Couche-Tard (OTCMKTS:ANCTF)

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