ATCO Ltd. (OTCMKTS:ACLLF) Receives Consensus Rating of “Hold” from Brokerages

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of research firms recently issued reports on ACLLF. BMO Capital Markets reissued an “outperform” rating on shares of ATCO in a research note on Thursday, May 7th. Scotiabank reaffirmed a “sector perform” rating on shares of ATCO in a research note on Tuesday. TD Securities reiterated a “hold” rating on shares of ATCO in a report on Friday, May 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a report on Friday, July 17th.

ATCO Stock Down 0.4%

Shares of ACLLF stock opened at $56.69 on Wednesday. The firm’s 50 day moving average price is $52.13 and its two-hundred day moving average price is $48.72. ATCO has a 52-week low of $34.71 and a 52-week high of $57.09.

ATCO Company Profile

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.