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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have received a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company.

ANCTF has been the topic of a number of recent research reports. TD Securities restated a “buy” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th. BNP Paribas Exane started coverage on Alimentation Couche-Tard in a research report on Tuesday, January 20th. They set a “neutral” rating for the company. Scotiabank restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, November 26th. Finally, National Bankshares restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, November 26th.

Alimentation Couche-Tard Stock Down 1.5%

Shares of ANCTF opened at $52.16 on Monday. Alimentation Couche-Tard has a one year low of $45.61 and a one year high of $58.75. The stock has a 50-day moving average of $53.63 and a two-hundred day moving average of $52.54.

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