Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Rating) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,337,300 shares, a decline of 27.7% from the March 15th total of 1,848,400 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is currently 139.3 days.
Several equities research analysts recently issued reports on the company. Scotiabank upped their price target on Alimentation Couche-Tard from C$61.00 to C$64.00 in a report on Monday, March 14th. Desjardins upped their price target on Alimentation Couche-Tard from C$59.00 to C$60.00 in a research report on Tuesday, March 22nd. Canaccord Genuity Group raised Alimentation Couche-Tard from a “hold” rating to a “buy” rating and upped their price target for the company from C$51.00 to C$61.00 in a research report on Thursday, March 17th. Stifel Nicolaus lifted their target price on Alimentation Couche-Tard from C$49.00 to C$55.00 in a report on Thursday, March 17th. Finally, BMO Capital Markets lifted their target price on Alimentation Couche-Tard to C$65.00 in a report on Thursday, March 17th.
ANCTF opened at $44.93 on Friday. Alimentation Couche-Tard has a 52-week low of $33.24 and a 52-week high of $46.10. The stock’s 50 day moving average price is $41.53 and its 200-day moving average price is $40.18.
About Alimentation Couche-Tard (Get Rating)
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels; and aviation fuels, as well as energy for stationary engines. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac's banners.
- Get a free copy of the StockNews.com research report on Alimentation Couche-Tard (ANCTF)
- Institutions And Analysts Drive UnitedHealth Group Higher
- MarketBeat: Week in Review 4/11 – 4/15
- Three Beaten Down Mega Caps The Analysts Are Upgrading
- Top 3 Safe Stocks for Conservative Investors
- Array Technologies Stock Giving Another Ground Floor Entry
Receive News & Ratings for Alimentation Couche-Tard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alimentation Couche-Tard and related companies with MarketBeat.com's FREE daily email newsletter.