Trade Report: Today, Alimentation Couche-Tard Inc (ANCUF) Rating Reiterate by TD Securities

Today, Alimentation Couche-Tard Inc (ANCUF) Rating Reiterate by TD Securities

Alimentation Couche-Tard Inc (OTCMKTS:ANCUF)‘s stock had its “buy” rating restated by equities researchers at TD Securities in a report released on Wednesday. They currently have a $87.00 price objective on the stock. TD Securities’ price objective points to a potential upside of 84.38% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Scotiabank restated an “outperform” rating and set a $80.00 price target on shares of Alimentation Couche-Tard in a report on Tuesday, November 15th. Dundee Securities restated a “buy” rating and set a $74.00 price target on shares of Alimentation Couche-Tard in a report on Friday, September 23rd. Credit Suisse Group AG restated an “underperform” rating and set a $60.00 price target (up from $55.00) on shares of Alimentation Couche-Tard in a report on Friday, September 23rd. RBC Capital Markets restated an “outperform” rating and set a $81.00 price target on shares of Alimentation Couche-Tard in a report on Thursday, September 1st. Finally, National Bank Financial restated an “outperform” rating and set a $77.00 price target (up from $76.00) on shares of Alimentation Couche-Tard in a report on Thursday, September 1st. One research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $75.83.

Shares of Alimentation Couche-Tard (OTCMKTS:ANCUF) opened at 47.1844 on Wednesday. Alimentation Couche-Tard has a 12 month low of $38.69 and a 12 month high of $52.97. The stock has a market capitalization of $26.79 billion and a price-to-earnings ratio of 21.9462. The stock’s 50 day moving average price is $49.13 and its 200-day moving average price is $46.58.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc focuses on the convenience store industry. The Company focuses on the sale of goods for immediate consumption, road transportation fuel and other products through stores and franchise operations. The Company operates its convenience store and road transportation fuel retailing chain under several banners, including Circle K, Couche-Tard, Mac’s, Kangaroo Express, Statoil, Ingo, Topaz and Re.Store.

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