Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Given Consensus Rating of “Moderate Buy” by Analysts

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

ANCTF has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, February 12th. BNP Paribas Exane initiated coverage on Alimentation Couche-Tard in a research note on Tuesday, January 20th. They issued a “neutral” rating on the stock. TD Securities reaffirmed a “buy” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Thursday, February 12th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th.

Alimentation Couche-Tard Stock Down 0.4%

Shares of OTCMKTS:ANCTF opened at $55.66 on Tuesday. Alimentation Couche-Tard has a fifty-two week low of $47.24 and a fifty-two week high of $62.58. The firm’s 50 day moving average price is $58.30 and its 200 day moving average price is $54.56.

About Alimentation Couche-Tard

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.