Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Free Report) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several equities research analysts have weighed in on ANCTF shares. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, August 19th. BMO Capital Markets raised shares of Alimentation Couche-Tard from a “hold” rating to an “outperform” rating in a report on Tuesday, October 20th. TD Securities restated a “buy” rating on shares of Alimentation Couche-Tard in a research report on Tuesday, August 4th. Finally, Canadian Imperial Bank of Commerce initiated coverage on Alimentation Couche-Tard in a research note on Thursday, October 22nd. They set a “hold” rating on the stock.

Get Our Latest Report on Alimentation Couche-Tard

Alimentation Couche-Tard Trading Down 1.1%

Shares of OTCMKTS:ANCTF opened at $59.02 on Friday. The firm’s 50 day simple moving average is $57.44 and its 200 day simple moving average is $59.27. Alimentation Couche-Tard has a fifty-two week low of $47.20 and a fifty-two week high of $67.06.

Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.90 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.90. The firm had revenue of $21.70 billion for the quarter, compared to analyst estimates of $20.86 billion.

About Alimentation Couche-Tard

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Alimentation Couche-Tard Inc is a Canadian operator of convenience stores and fuel stations. Based in Laval, Quebec, the company serves consumers and motorists through a network of stores offering food, beverages, tobacco and nicotine products, alcohol in select markets, personal and automotive convenience items, and other everyday essentials. Many locations also provide fuel, car-wash services, electric-vehicle charging, and commercial fueling solutions.

The company operates primarily under the Couche-Tard and Circle K brands, as well as other regional banners.

Further Reading

Analyst Recommendations for Alimentation Couche-Tard (OTCMKTS:ANCTF)

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