Today, Alimentation Couche-Tard’s (ANCUF) Outperform Rating Reaffirm at Scotiabank

Today, Alimentation Couche-Tard’s (ANCUF) Outperform Rating Reaffirm at Scotiabank

Scotiabank restated their outperform rating on shares of Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) in a report published on Saturday morning. The firm currently has a $80.00 price objective on the stock.

Several other brokerages have also recently commented on ANCUF. Dundee Securities reaffirmed a buy rating and issued a $74.00 target price on shares of Alimentation Couche-Tard in a research report on Friday, September 23rd. Barclays PLC raised Alimentation Couche-Tard from an equal weight rating to an overweight rating and raised their target price for the stock from $61.00 to $76.00 in a research report on Wednesday, August 24th. Desjardins reaffirmed a buy rating and issued a $74.00 target price (up from $68.00) on shares of Alimentation Couche-Tard in a research report on Wednesday, August 24th. TD Securities reaffirmed a buy rating and issued a $80.00 target price on shares of Alimentation Couche-Tard in a research report on Monday, August 22nd. Finally, Macquarie reaffirmed an outperform rating and issued a $75.00 target price (up from $70.00) on shares of Alimentation Couche-Tard in a research report on Wednesday, August 24th. One research analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $76.00.

Alimentation Couche-Tard (OTCMKTS:ANCUF) opened at 47.0495 on Friday. Alimentation Couche-Tard has a 52-week low of $38.69 and a 52-week high of $52.97. The stock’s 50 day moving average is $49.08 and its 200 day moving average is $46.62. The company has a market cap of $26.71 billion and a price-to-earnings ratio of 21.8835.

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