Today: Today, Scotiabank Reiterates “Outperform” Rating for Alimentation Couche-Tard Inc (ANCUF)

Today, Scotiabank Reiterates “Outperform” Rating for Alimentation Couche-Tard Inc (ANCUF)

Alimentation Couche-Tard Inc (OTCMKTS:ANCUF)‘s stock had its “outperform” rating restated by stock analysts at Scotiabank in a research report issued on Saturday. They currently have a $80.00 price objective on the stock. Scotiabank’s target price would indicate a potential upside of 70.03% from the company’s current price.

ANCUF has been the topic of a number of other research reports. National Bank Financial reissued 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. RBC Capital Markets reissued an “outperform” rating and set a $81.00 price objective (up previously from $69.00) on shares of Alimentation Couche-Tard in a report on Thursday, August 25th. TD Securities reissued a “buy” rating and set a $85.00 price objective on shares of Alimentation Couche-Tard in a report on Wednesday, August 31st. CIBC reissued 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. Finally, BMO Capital Markets reissued an “outperform” rating and set a $78.00 price objective (up previously from $69.00) on shares of Alimentation Couche-Tard in a report on Wednesday, August 24th. One research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. Alimentation Couche-Tard currently has an average rating of “Buy” and a consensus price target of $76.00.

Alimentation Couche-Tard (OTCMKTS:ANCUF) opened at 47.0495 on Friday. The firm has a market capitalization of $26.71 billion and a price-to-earnings ratio of 21.8835. Alimentation Couche-Tard has a 1-year low of $38.69 and a 1-year high of $52.97. The company has a 50 day moving average price of $49.08 and a 200-day moving average price of $46.62.

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