Analysts Set Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) Price Target at $49.22

Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) has earned a consensus recommendation of “Buy” from the ten research firms that are presently covering the firm, MarketBeat.com reports. Nine equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $49.22.

A number of analysts have commented on ANCUF shares. Barclays boosted their price target on shares of Alimentation Couche-Tard from $40.00 to $47.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Raymond James boosted their price target on shares of Alimentation Couche-Tard from $45.00 to $50.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, July 1st. TD Securities boosted their price target on shares of Alimentation Couche-Tard from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. CIBC boosted their price target on shares of Alimentation Couche-Tard from $46.00 to $49.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Finally, Canaccord Genuity boosted their price target on shares of Alimentation Couche-Tard from $45.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st.

Shares of OTCMKTS:ANCUF opened at $34.22 on Thursday. The company’s 50-day moving average price is $32.60 and its 200 day moving average price is $30.49. Alimentation Couche-Tard has a fifty-two week low of $21.00 and a fifty-two week high of $35.27.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, beverages, and fresh food offerings; road transportation fuel; and stationary energy, marine fuel, aviation fuel, and chemicals. The company operates its convenience stores chain under various banners, including Circle K, Corner Stone, Couche-Tard, Holiday, Ingo, Mac's, Re.Store, and Topaz.

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Analyst Recommendations for Alimentation Couche-Tard (OTCMKTS:ANCUF)

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