Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Given Average Recommendation of “Buy” by Analysts

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) has been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company.

A number of analysts recently commented on the stock. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th. The Goldman Sachs Group raised Alimentation Couche-Tard to a “hold” rating in a research note on Friday, September 12th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th.

Alimentation Couche-Tard Price Performance

ANCTF opened at $53.47 on Thursday. The stock’s fifty day moving average is $52.28 and its 200-day moving average is $52.11. Alimentation Couche-Tard has a one year low of $45.61 and a one year high of $58.75.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last released its earnings results on Monday, November 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $17.87 billion for the quarter, compared to analyst estimates of $17.92 billion.

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.