Alimentation Couche-Tard (OTCMKTS:ANCUF) had its price objective boosted by Raymond James from $45.00 to $49.00 in a research note issued to investors on Friday, The Fly reports. They currently have an outperform rating on the stock.
A number of other analysts also recently issued reports on ANCUF. CIBC reaffirmed a buy rating on shares of Alimentation Couche-Tard in a research report on Friday, September 6th. BMO Capital Markets raised Alimentation Couche-Tard from a market perform rating to an outperform rating and set a $49.00 target price on the stock in a research report on Monday, November 25th. Finally, Barclays reiterated a buy rating and set a $46.00 price target on shares of Alimentation Couche-Tard in a report on Friday, October 4th. Five research analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and a consensus price target of $48.00.
OTCMKTS:ANCUF opened at $32.96 on Friday. The stock’s 50-day simple moving average is $30.59 and its 200 day simple moving average is $53.03. Alimentation Couche-Tard has a 52-week low of $23.59 and a 52-week high of $33.58.
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience store and road transportation fuel retailing chain under various banners, including Circle K, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.
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