• BMO Capital raises Alimentation Couche-Tard Inc. (OTC:ANCTF) price target to C$79 from C$78, reflecting a positive outlook.
• ANCTF reports adjusted earnings of 78 cents per share, surpassing analyst estimates and indicating a return to earnings growth.
• The company's strategic initiatives and potential global expansion through mergers and acquisitions drive positive investor sentiment.

Alimentation Couche-Tard Inc. (OTC:ANCTF) is a global leader in the convenience store industry, operating under various banners such as Circle K. The company is known for its extensive network of stores across North America, Europe, and other regions. It competes with other major players like 7-Eleven and Speedway. Recently, BMO Capital maintained its "Market Perform" rating for ANCTF, advising investors to hold their positions.

On November 26, 2025, BMO Capital raised the price target for Couche-Tard to C$79 from C$78, reflecting a positive outlook. At the time, the stock was priced at $54.15. This comes after a notable 5% surge in the stock price to C$74.40 in Toronto, marking the largest intraday movement since early September. The increase followed the company's announcement of a rare year-over-year earnings growth.

In its Q2 2026 earnings call, Couche-Tard reported adjusted earnings of 78 cents per share, surpassing the analyst estimate of 75 cents per share. Despite revenue of $17.9 billion slightly missing forecasts, the return to earnings growth for only the second time in two years has positively influenced investor expectations. CEO Alex Miller hinted at potential global expansion through mergers and acquisitions.

The company's strategic initiatives, such as meal deals and exclusive vendor partnerships, have driven an increase in same-store sales. Seasonal Fuel Day events have also contributed to higher customer traffic. These efforts have resulted in a rise in second-quarter profit, further supporting the positive sentiment around the stock. ANCTF's market capitalization stands at approximately $51.34 billion.

Currently, ANCTF is priced at $54.15, reflecting an increase of approximately 2.99% or $1.57. The stock has fluctuated between a low of $53.05 and a high of $54.15 today. Over the past year, it has reached a high of $59.44 and a low of $45.61. With a trading volume of 850 shares, the stock remains a key player in the OTC exchange.