Sentgraf Enterprises Ltd. Buys 1,000 Shares of ATCO Ltd. (TSE:ACO.X) Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. purchased 1,000 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average price of C$48.50 per share, with a total value of C$48,500.00.

Sentgraf Enterprises Ltd. also recently made the following trade(s):

• On Wednesday, September 25th, Sentgraf Enterprises Ltd. purchased 10,000 shares of ATCO stock. The shares were acquired at an average price of C$47.50 per share, with a total value of C$475,000.00.
• On Monday, September 23rd, Sentgraf Enterprises Ltd. purchased 1,000 shares of ATCO stock. The shares were acquired at an average price of C$45.65 per share, with a total value of C$45,650.00.

ATCO Stock Performance

Shares of TSE:ACO.X opened at C$48.06 on Wednesday. The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48. The business’s fifty day moving average price is C$44.36 and its two-hundred day moving average price is C$40.66. ATCO Ltd. has a fifty-two week low of C$32.90 and a fifty-two week high of C$48.72. The stock has a market capitalization of C$4.79 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 3.80 and a beta of 0.73.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ACO.X. Royal Bank of Canada upped their price target on ATCO from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 6th. BMO Capital Markets upped their price target on ATCO from C$50.50 to C$52.50 in a report on Thursday, September 5th. National Bankshares upped their target price on ATCO from C$40.00 to C$45.00 and gave the company a “sector perform” rating in a research note on Friday, August 23rd. Scotiabank upped their target price on ATCO from C$43.00 to C$45.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Finally, CIBC upped their target price on ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, ATCO presently has a consensus rating of “Moderate Buy” and a consensus price target of C$48.08.

ATCO Company Profile

ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.