Alimentation Couche-Tard Inc. (OTCMKTS:ANCUF – Get Rating) has earned an average recommendation of “Buy” from the eleven analysts that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $58.30.
A number of research firms recently commented on ANCUF. Desjardins lifted their price target on shares of Alimentation Couche-Tard from C$56.00 to C$59.00 in a research note on Thursday, February 10th. Canaccord Genuity Group raised shares of Alimentation Couche-Tard from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$51.00 to C$61.00 in a research note on Wednesday, March 16th.
Alimentation Couche-Tard stock opened at $40.00 on Friday. The company’s 50-day moving average price is $40.00 and its 200-day moving average price is $39.56. Alimentation Couche-Tard has a twelve month low of $28.55 and a twelve month high of $42.97.
Alimentation Couche-Tard, Inc engages in the operation of independent convenience stores. It sells goods for immediate consumption, road transportation fuel, and other products mainly through company-operated stores and franchises stores. It operates under Circle K, Ingo, Couche-Tara brands. The company was founded by Alain Bouchard, Jacques D’Amours, Richard Fortin, and Réal Plourde in 1980 and is headquartered in Laval, Canada.
- Get a free copy of the StockNews.com research report on Alimentation Couche-Tard (ANCUF)
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