Alimentation Couche-Tard (OTCMKTS:ANCTF) Raised to Hold at The Goldman Sachs Group

Alimentation Couche-Tard (OTCMKTS:ANCTF) was upgraded by analysts at The Goldman Sachs Group to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

A number of other research firms have also issued reports on ANCTF. BMO Capital Markets lowered shares of Alimentation Couche-Tard from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. TD Securities reissued a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, September 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, September 3rd. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, September 4th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Monday, August 18th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy”.

Alimentation Couche-Tard Stock Performance

ANCTF opened at $53.04 on Friday. Alimentation Couche-Tard has a twelve month low of $45.61 and a twelve month high of $59.44. The firm’s 50-day moving average price is $51.92 and its 200 day moving average price is $51.05.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last announced its earnings results on Wednesday, June 25th. The company reported $0.46 EPS for the quarter, hitting the consensus estimate of $0.46. The firm had revenue of $16.27 billion during the quarter, compared to analyst estimates of $16.83 billion.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine 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.