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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Several research firms have commented on ANCTF. National Bank Financial restated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. BMO Capital Markets restated a “market perform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Finally, TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th.

Alimentation Couche-Tard Trading Up 4.2%

Alimentation Couche-Tard stock opened at $57.67 on Tuesday. The stock has a fifty day moving average price of $57.96 and a 200 day moving average price of $54.47. Alimentation Couche-Tard has a 52 week low of $45.61 and a 52 week high of $62.58.

Alimentation Couche-Tard Company Profile

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.