Alimentation Couche-Tard (OTCMKTS:ANCTF) Downgraded by Desjardins to Hold

Desjardins cut shares of Alimentation Couche-Tard (OTCMKTS:ANCTF) from a moderate buy rating to a hold rating in a report published on Tuesday,Zacks.com reports.

Several other research firms have also weighed in on ANCTF. UBS Group upgraded shares of Alimentation Couche-Tard to a “strong-buy” rating in a research note on Friday, December 13th. Scotiabank upgraded Alimentation Couche-Tard to a “strong-buy” rating in a research report on Friday, December 20th.

Alimentation Couche-Tard Price Performance

Shares of ANCTF stock opened at $50.66 on Tuesday. The firm has a fifty day moving average of $54.34 and a two-hundred day moving average of $55.55. Alimentation Couche-Tard has a 1-year low of $50.26 and a 1-year high of $64.34.

Alimentation Couche-Tard (OTCMKTS:ANCTF) last issued its quarterly earnings results on Monday, November 25th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01).

About Alimentation Couche-Tard

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.