Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Rating) had its price objective raised by Scotiabank from C$71.00 to C$74.00 in a research note issued to investors on Friday, The Fly reports.
Several other equities analysts have also commented on the company. Raymond James boosted their price target on Alimentation Couche-Tard from C$60.00 to C$75.00 in a research report on Thursday, March 9th. Credit Suisse Group initiated coverage on Alimentation Couche-Tard in a research report on Monday, December 19th. They set a “neutral” rating on the stock. Royal Bank of Canada lifted their price objective on Alimentation Couche-Tard from C$80.00 to C$82.00 in a report on Friday, March 3rd. National Bank Financial upped their price target on Alimentation Couche-Tard from C$67.00 to C$68.00 in a research report on Wednesday, March 8th. Finally, Desjardins raised their target price on shares of Alimentation Couche-Tard from C$65.00 to C$69.00 in a report on Monday, November 21st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $72.50.
Alimentation Couche-Tard Price Performance
Shares of OTCMKTS:ANCTF opened at $44.85 on Friday. The stock’s 50-day moving average price is $46.47 and its two-hundred day moving average price is $44.99. Alimentation Couche-Tard has a 12-month low of $38.82 and a 12-month high of $48.93.
About Alimentation Couche-Tard
Alimentation Couche-Tard, Inc engages in the operation of independent convenience stores. It sells goods for immediate consumption, road transportation fuel, and other products mainly through company-operated stores and franchises stores. It operates under Circle K, Ingo, Couche-Tara brands. The company was founded by Alain Bouchard, Jacques D’Amours, Richard Fortin, and Réal Plourde in 1980 and is headquartered in Laval, Canada.
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