Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Free Report) will likely be issuing its results before the market opens on Tuesday, March 17th. Analysts expect the company to announce earnings of $0.8270 per share and revenue of $22.2489 billion for the quarter.
Alimentation Couche-Tard Price Performance
Shares of ANCTF opened at $60.03 on Monday. The company’s 50 day simple moving average is $57.46 and its 200 day simple moving average is $54.19. Alimentation Couche-Tard has a 1 year low of $45.61 and a 1 year high of $62.17.
Analysts Set New Price Targets
Several analysts have commented on ANCTF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. National Bank Financial restated an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, November 26th. BNP Paribas Exane assumed coverage on Alimentation Couche-Tard in a research report on Tuesday, January 20th. They issued a “neutral” rating for the company. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Alimentation Couche-Tard presently has a consensus rating of “Moderate Buy”.
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.
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