Alimentation Couche-Tard (OTCMKTS:ANCTF) Given New C$82.00 Price Target at Scotiabank

Alimentation Couche-Tard (OTCMKTS:ANCTF) had its price target raised by Scotiabank from C$78.00 to C$82.00 in a research note released on Wednesday, FlyOnTheWall reports.

ANCTF has been the topic of a number of other research reports. BMO Capital Markets cut their price objective on shares of Alimentation Couche-Tard from C$70.00 to C$68.00 in a report on Thursday, June 29th. Stifel Nicolaus lifted their price objective on Alimentation Couche-Tard from C$74.00 to C$76.00 in a research report on Thursday, June 29th. National Bank Financial raised their target price on shares of Alimentation Couche-Tard from C$74.00 to C$78.00 in a research note on Monday. CIBC boosted their target price on Alimentation Couche-Tard from C$76.00 to C$78.00 in a research report on Thursday, June 29th. Finally, Royal Bank of Canada upped their price objective on Alimentation Couche-Tard from C$85.00 to C$87.00 in a research report on Wednesday, June 7th.

Alimentation Couche-Tard Stock Performance

OTCMKTS:ANCTF opened at $52.92 on Wednesday. The stock’s fifty day moving average price is $50.71 and its two-hundred day moving average price is $49.36. Alimentation Couche-Tard has a 1 year low of $39.28 and a 1 year high of $52.92.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last posted its quarterly earnings results on Tuesday, June 27th. The company reported $0.71 EPS for the quarter. The business had revenue of $16.26 billion for the quarter.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.