Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $57.01 and traded as high as $59.25. Alimentation Couche-Tard shares last traded at $58.42, with a volume of 89,079 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on ANCTF shares. Scotiabank reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on ANCTF
Alimentation Couche-Tard Stock Performance
About Alimentation Couche-Tard
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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