Alimentation Couche-Tard (OTCMKTS:ANCTF) Cut to “Hold” at Desjardins

Alimentation Couche-Tard (OTCMKTS:ANCTF) was downgraded by stock analysts at Desjardins from a “moderate buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Other research analysts also recently issued reports about the company. UBS Group upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th. Scotiabank raised shares of Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 20th.

Alimentation Couche-Tard Trading Down 0.1 %

Shares of ANCTF stock opened at $50.66 on Tuesday. The firm has a fifty day moving average price of $54.34 and a 200 day moving average price of $55.55. Alimentation Couche-Tard has a 12 month low of $50.26 and a 12 month high of $64.34.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last posted its earnings results on Monday, November 25th. The company reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01).

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.