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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) have received an average rating of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities analysts have commented on ANCTF shares. BNP Paribas Exane began coverage on shares of Alimentation Couche-Tard in a report on Tuesday, January 20th. They issued a “neutral” rating on the stock. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. National Bank Financial restated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th. Finally, TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th.

Read Our Latest Stock Analysis on Alimentation Couche-Tard

Alimentation Couche-Tard Stock Down 1.2%

ANCTF opened at $60.39 on Friday. Alimentation Couche-Tard has a 12-month low of $45.61 and a 12-month high of $62.17. The business has a 50 day moving average of $56.19 and a 200-day moving average of $53.40.

Alimentation Couche-Tard (OTCMKTS:ANCTFGet Free Report) last announced its quarterly earnings results on Monday, November 24th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The business had revenue of $17.87 billion for the quarter, compared to analyst estimates of $17.92 billion.

About Alimentation Couche-Tard

(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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