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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several research analysts have weighed in on ANCTF shares. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, June 23rd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, June 24th. BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, June 24th. Finally, Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, August 19th.

Check Out Our Latest Analysis on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Down 1.0%

Shares of Alimentation Couche-Tard stock opened at $56.41 on Friday. The firm’s fifty day simple moving average is $62.48 and its 200-day simple moving average is $60.05. Alimentation Couche-Tard has a 12 month low of $48.03 and a 12 month high of $67.06.

Alimentation Couche-Tard (OTCMKTS:ANCTFGet Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.90 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.90. The company had revenue of $21.70 billion for the quarter, compared to analysts’ expectations of $20.86 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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