Alimentation Couche-Tard Inc (OTCMKTS:ANCUF)‘s stock had its “outperform” rating reissued by stock analysts at Scotiabank in a report issued on Saturday. They currently have a $80.00 target price on the stock. Scotiabank’s price target indicates a potential upside of 70.03% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Desjardins restated a “buy” rating and issued a $74.00 price objective (up from $68.00) on shares of Alimentation Couche-Tard in a report on Wednesday, August 24th. TD Securities restated a “buy” rating and issued a $85.00 price objective on shares of Alimentation Couche-Tard in a report on Wednesday, August 31st. Dundee Securities restated a “buy” rating and issued a $74.00 price objective on shares of Alimentation Couche-Tard in a report on Friday, September 23rd. RBC Capital Markets restated an “outperform” rating and issued a $81.00 price objective on shares of Alimentation Couche-Tard in a report on Thursday, September 1st. Finally, National Bank Financial restated an “outperform” rating and issued a $77.00 price objective (up from $76.00) on shares of Alimentation Couche-Tard in a report on Thursday, September 1st. One investment analyst has rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $76.00.

Analyst Recommendations for Alimentation Couche-Tard (OTCMKTS:ANCUF)

Alimentation Couche-Tard (OTCMKTS:ANCUF) opened at 47.0495 on Friday. Alimentation Couche-Tard has a 52-week low of $38.69 and a 52-week high of $52.97. The company’s 50-day moving average is $49.08 and its 200-day moving average is $46.62. The firm has a market capitalization of $26.71 billion and a P/E ratio of 21.8835.

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About Alimentation Couche-Tard

Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.

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