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

Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF) have earned a consensus recommendation of “Buy” from the nine analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the company.

ANCTF has been the subject of several research analyst reports. Scotiabank reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Thursday, September 4th. The Goldman Sachs Group raised Alimentation Couche-Tard to a “hold” rating in a report on Friday, September 12th. BMO Capital Markets cut shares of Alimentation Couche-Tard from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, September 3rd. Finally, TD Securities restated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Thursday, September 4th.

Alimentation Couche-Tard Stock Up 0.8%

Shares of OTCMKTS ANCTF opened at $53.68 on Tuesday. The stock has a fifty day moving average price of $52.02 and a 200 day moving average price of $51.48. Alimentation Couche-Tard has a 1-year low of $45.61 and a 1-year high of $59.44.

About Alimentation Couche-Tard

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.