Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Rating) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 6,160,600 shares, a growth of 12.8% from the December 31st total of 5,462,000 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is presently 779.8 days.
Alimentation Couche-Tard Trading Down 1.7 %
Shares of Alimentation Couche-Tard stock opened at $44.91 on Friday. The company's 50-day moving average price is $45.45 and its two-hundred day moving average price is $44.33. Alimentation Couche-Tard has a 52 week low of $35.26 and a 52 week high of $48.35.
Get Alimentation Couche-Tard alerts:Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Rating) last posted its quarterly earnings data on Tuesday, November 22nd. The company reported $0.82 earnings per share (EPS) for the quarter. The company had revenue of $16.88 billion for the quarter.
Analyst Ratings Changes
Several research firms recently weighed in on ANCTF. Royal Bank of Canada upped their price objective on shares of Alimentation Couche-Tard from C$79.00 to C$80.00 in a report on Tuesday, November 15th. Stifel Nicolaus upped their price objective on shares of Alimentation Couche-Tard from C$65.00 to C$70.00 in a report on Monday, November 14th. Scotiabank upped their price objective on shares of Alimentation Couche-Tard from C$66.00 to C$68.50 in a report on Wednesday, November 16th. Credit Suisse Group assumed coverage on shares of Alimentation Couche-Tard in a report on Monday, December 19th. They issued a "neutral" rating for the company. Finally, Desjardins boosted their price target on shares of Alimentation Couche-Tard from C$65.00 to C$69.00 in a research report on Monday, November 21st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $68.28.Alimentation Couche-Tard Company Profile
(Get Rating)
Alimentation Couche-Tard Inc operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels; and aviation fuels, as well as energy for stationary engines. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac's brands.
Further Reading
- Get a free copy of the StockNews.com research report on Alimentation Couche-Tard (ANCTF)
- MarketBeat Week in Review – 1/23- 1/27
- Why Lucid Spiked Nearly 100% In One Day
- Ride These Railroad Stocks for Growth and Income
- ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
- KLA Corporation: Strength In A Troubled Semi-Market
Receive News & Ratings for Alimentation Couche-Tard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alimentation Couche-Tard and related companies with MarketBeat.com's FREE daily email newsletter.