ATCO (TSE:ACO.X) Price Target Raised to C$55.00

ATCO (TSE:ACO.XGet Rating) had its target price raised by TD Securities from C$53.00 to C$55.00 in a research report released on Friday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. CSFB upped their price target on shares of ATCO from C$48.00 to C$49.00 in a report on Wednesday, April 13th. CIBC upped their price target on shares of ATCO from C$52.00 to C$53.00 in a report on Friday. National Bankshares lowered their price target on shares of ATCO from C$46.00 to C$45.00 in a report on Wednesday, January 26th. Finally, Credit Suisse Group upped their price target on shares of ATCO to C$49.00 and gave the company an outperform rating in a report on Wednesday, April 13th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of Buy and a consensus target price of C$49.28.

Shares of ACO.X opened at C$45.77 on Friday. The firm has a market capitalization of C$5.24 billion and a PE ratio of 21.29. The company has a debt-to-equity ratio of 127.76, a current ratio of 1.40 and a quick ratio of 1.25. ATCO has a 1-year low of C$40.00 and a 1-year high of C$46.31. The company’s fifty day moving average price is C$43.31 and its 200-day moving average price is C$42.28.

About ATCO (Get Rating)

ATCO Ltd., together with its subsidiaries, provides 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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Analyst Recommendations for ATCO (TSE:ACO.X)

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