Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Given Average Recommendation of “Moderate Buy” by Analysts

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) has received an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

ANCTF has been the subject of a number of research reports. BNP Paribas Exane initiated coverage on Alimentation Couche-Tard in a research report on Tuesday, January 20th. They set a “neutral” rating for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. BMO Capital Markets reissued a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. Finally, TD Securities reissued a “buy” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th.

Alimentation Couche-Tard Stock Up 0.9%

Shares of Alimentation Couche-Tard stock opened at $58.03 on Friday. Alimentation Couche-Tard has a 12 month low of $47.24 and a 12 month high of $62.58. The business has a fifty day simple moving average of $58.75 and a 200-day simple moving average of $54.96.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard is a Canadian multinational operator of convenience stores and fuel service stations. Headquartered in Laval, Quebec, the company manages a broad network of outlets offering convenience products, fresh food offerings and fuel under a variety of brand names. Its retail sites typically feature grab-and-go snacks, beverages, tobacco products and basic grocery items, alongside ancillary services such as car washes and loyalty programs.

Founded in 1980, Couche-Tard began as a single convenience store in Laval and has grown rapidly through both organic expansion and targeted acquisitions.