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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Several research firms have recently commented on ANCTF. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. BNP Paribas Exane began coverage on Alimentation Couche-Tard in a research report on Tuesday, January 20th. They set a “neutral” rating for the company. TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Finally, National Bank Financial reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, November 26th.

Alimentation Couche-Tard Price Performance

Shares of OTCMKTS ANCTF opened at $57.67 on Tuesday. The company’s 50-day moving average price is $57.96 and its 200 day moving average price is $54.47. Alimentation Couche-Tard has a 52 week low of $45.61 and a 52 week high of $62.58.

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.