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

Alimentation Couche-Tard Inc. (OTCMKTS:ANCTFGet Free Report) has been assigned a consensus rating of “Buy” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company.

Several research firms have weighed in on ANCTF. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, November 26th. TD Securities restated a “buy” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, November 26th. Finally, National Bankshares reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th.

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Alimentation Couche-Tard Stock Down 1.6%

Shares of OTCMKTS ANCTF opened at $53.70 on Thursday. Alimentation Couche-Tard has a 1 year low of $45.61 and a 1 year high of $58.75. The stock’s 50-day simple moving average is $52.42 and its 200-day simple moving average is $52.15.

Alimentation Couche-Tard (OTCMKTS:ANCTFGet Free Report) last issued its earnings results on Monday, November 24th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $17.87 billion during the quarter, compared to analyst estimates of $17.92 billion.

About Alimentation Couche-Tard

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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.

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

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