Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Free Report) have been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company.
A number of equities research analysts have weighed in on ANCTF shares. Scotiabank restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, August 19th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, June 24th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, June 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, June 23rd. Finally, TD Securities reissued a “buy” rating on shares of Alimentation Couche-Tard in a research report on Tuesday, August 4th.
Read Our Latest Stock Report on Alimentation Couche-Tard
Alimentation Couche-Tard Price Performance
Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Free Report) last announced its earnings results on Monday, June 22nd. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.19. The business had revenue of $19.49 billion for the quarter, compared to analysts’ expectations of $18.51 billion.
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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