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

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) has been given an average rating of “Moderate Buy” by the seven research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

ANCTF has been the topic of a number of recent research reports. BNP Paribas Exane assumed coverage on Alimentation Couche-Tard in a research report on Tuesday, January 20th. They set a “neutral” rating on the stock. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a 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 restated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th.

Alimentation Couche-Tard Stock Performance

Shares of OTCMKTS ANCTF opened at $56.60 on Tuesday. Alimentation Couche-Tard has a 12-month low of $47.24 and a 12-month high of $62.58. The firm’s 50-day moving average price is $58.19 and its 200-day moving average price is $54.51.

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.