Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Receives Average Rating of “Buy” from Analysts

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have been assigned a consensus recommendation of “Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating on the company.

Several research analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Alimentation Couche-Tard to a “hold” rating in a research report on Friday, September 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, September 3rd. BMO Capital Markets downgraded shares of Alimentation Couche-Tard from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, September 4th. Finally, National Bankshares reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Monday, August 18th.

Alimentation Couche-Tard Stock Down 0.5%

Alimentation Couche-Tard stock opened at $52.85 on Friday. Alimentation Couche-Tard has a 1-year low of $45.61 and a 1-year high of $59.44. The firm’s 50 day simple moving average is $52.37 and its 200 day simple moving average is $51.85.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.