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

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) has been assigned an average recommendation of “Buy” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

ANCTF has been the subject of a number of research reports. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, September 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, September 3rd. National Bankshares reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Monday, August 18th. BMO Capital Markets cut Alimentation Couche-Tard from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Finally, TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, September 4th.

Alimentation Couche-Tard Price Performance

Shares of ANCTF opened at $49.82 on Wednesday. Alimentation Couche-Tard has a twelve month low of $45.61 and a twelve month high of $59.44. The firm has a fifty day simple moving average of $51.91 and a two-hundred day simple moving average of $51.69.

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.