Shares of ATCO Ltd. (TSE:ACO.X – Get Free Report) have earned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$45.86.
A number of research firms recently commented on ACO.X. Royal Bank of Canada reduced their target price on ATCO from C$49.00 to C$45.00 and set a “sector perform” rating on the stock in a research note on Monday, September 11th. BMO Capital Markets reduced their price objective on ATCO from C$50.00 to C$48.00 in a research note on Friday, October 27th. Scotiabank reduced their price objective on ATCO from C$48.00 to C$46.00 and set a “sector perform” rating on the stock in a research note on Monday, October 16th. TD Securities reduced their price objective on ATCO from C$50.00 to C$48.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Finally, CIBC reduced their price objective on ATCO from C$50.00 to C$47.00 and set an “outperform” rating on the stock in a research note on Thursday, October 19th.
ATCO Trading Down 0.2 %
ATCO stock opened at C$38.25 on Tuesday. The stock has a market cap of C$3.86 billion, a P/E ratio of 10.39, a PEG ratio of 3.80 and a beta of 0.71. ATCO has a fifty-two week low of C$32.90 and a fifty-two week high of C$45.59. The firm’s fifty day moving average price is C$35.92 and its 200-day moving average price is C$38.35. The company has a debt-to-equity ratio of 133.81, a quick ratio of 1.48 and a current ratio of 1.02.
ATCO Company Profile
ATCO Ltd., together with its subsidiaries, engages in the provision of housing, logistics and transportation, agriculture, water, real estate, and energy and energy infrastructure solutions in Canada, Australia, and internationally. The company offers workforce and residential housing, modular facilities, construction and site support, workforce lodging, facility operations and maintenance, defense operations, and disaster and emergency management services.
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