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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

ANCTF has been the subject of a number of analyst reports. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Tuesday, June 23rd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, June 24th. BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, June 24th. Finally, Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, August 19th.

Alimentation Couche-Tard Trading Up 0.1%

ANCTF opened at $55.54 on Friday. The company has a 50 day simple moving average of $61.65 and a two-hundred day simple moving average of $59.90. Alimentation Couche-Tard has a 1-year low of $48.03 and a 1-year high of $67.06.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported $0.90 EPS for the quarter, meeting the consensus estimate of $0.90. The firm had revenue of $21.70 billion for the quarter, compared to the consensus estimate of $20.86 billion.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc is a Canadian operator of convenience stores and fuel stations headquartered in Laval, Quebec. The company serves consumers through convenience retail locations offering packaged food, beverages, tobacco products, prepared meals, and other everyday essentials, along with fuel and related services.

Most of its locations operate under the Couche-Tard and Circle K banners. The company also provides services such as car washes, foodservice and, in selected markets, electric-vehicle charging.