Trade Report: Today, Alimentation Couche-Tard Inc (ANCUF) Stock Rating Reaffirm by RBC Capital Markets

Today, Alimentation Couche-Tard Inc (ANCUF) Stock Rating Reaffirm by RBC Capital Markets

Alimentation Couche-Tard Inc (OTCMKTS:ANCUF)‘s stock had its “outperform” rating reiterated by stock analysts at RBC Capital Markets in a research report issued to clients and investors on Friday. They presently have a $83.00 target price on the stock, up from their previous target price of $82.00. RBC Capital Markets’ price target points to a potential upside of 76.41% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Scotiabank reiterated an “outperform” rating and issued a $80.00 target price on shares of Alimentation Couche-Tard in a report on Tuesday, November 15th. Desjardins restated a “buy” rating and set a $74.00 price objective (up previously from $68.00) on shares of Alimentation Couche-Tard in a report on Wednesday, August 24th. CIBC restated an “outperform” rating and set a $78.00 price objective (up previously from $75.00) on shares of Alimentation Couche-Tard in a report on Wednesday, August 24th. National Bank Financial restated an “outperform” rating and set a $76.00 price objective (up previously from $68.00) on shares of Alimentation Couche-Tard in a report on Wednesday, August 24th. Finally, Barclays PLC upgraded shares of Alimentation Couche-Tard from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $76.00 in a report on Wednesday, August 24th. One analyst has rated the stock with a sell rating and eleven have issued a buy rating to the company. Alimentation Couche-Tard has an average rating of “Buy” and an average target price of $76.00.

Alimentation Couche-Tard (OTCMKTS:ANCUF) traded down 0.2859% during midday trading on Friday, hitting $47.0495. The stock had a trading volume of 15,755 shares. The company has a market cap of $26.71 billion and a PE ratio of 21.8835. The stock’s 50 day moving average price is $49.08 and its 200-day moving average price is $46.62. Alimentation Couche-Tard has a 52 week low of $38.69 and a 52 week high of $52.97.

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