Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Separately, Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Thursday, June 11th.

Alimentation Couche-Tard Price Performance

Shares of OTCMKTS ANCTF opened at $58.66 on Thursday. Alimentation Couche-Tard has a 52-week low of $47.24 and a 52-week high of $62.58. The business has a 50-day moving average price of $57.47 and a 200 day moving average price of $56.72.

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.