ATS Co. (TSE:ATS) Receives C$54.29 Consensus PT from Analysts

Shares of ATS Co. (TSE:ATS) have been given a consensus rating of “Moderate Buy” by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$54.29.

A number of equities research analysts recently issued reports on the company. TD Securities reduced their price target on ATS from C$63.00 to C$57.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Stifel Nicolaus reduced their target price on ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. Raymond James dropped their price target on ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th. Finally, Royal Bank of Canada reduced their price objective on shares of ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th.

ATS Trading Up 1.1 %

TSE:ATS opened at C$44.32 on Friday. The stock has a 50 day simple moving average of C$42.95 and a 200 day simple moving average of C$41.22. ATS has a 1-year low of C$33.47 and a 1-year high of C$60.01. The stock has a market cap of C$4.31 billion, a P/E ratio of 24.22 and a beta of 1.36.

About ATS

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.