Sentgraf Enterprises Ltd. Buys 10,000 Shares of ATCO Ltd. (TSE:ACO.X) Stock

ATCO Ltd. (TSE:ACO.X) insider Sentgraf Enterprises Ltd. bought 10,000 shares of the company’s stock in a transaction dated Wednesday, September 25th. The stock was acquired at an average price of C$47.50 per share, for a total transaction of C$475,000.00.

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

• On Monday, September 23rd, Sentgraf Enterprises Ltd. purchased 1,000 shares of ATCO stock. The shares were bought at an average price of C$45.65 per share, with a total value of C$45,650.00.

ATCO Price Performance

Shares of TSE:ACO.X opened at C$48.18 on Friday. The stock has a market capitalization of C$4.80 billion, a P/E ratio of 14.09, a P/E/G ratio of 3.80 and a beta of 0.73. The business has a 50-day moving average of C$44.02 and a two-hundred day moving average of C$40.52. ATCO Ltd. has a fifty-two week low of C$32.90 and a fifty-two week high of C$48.40. The company has a debt-to-equity ratio of 131.63, a current ratio of 1.42 and a quick ratio of 1.48.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ACO.X shares. Royal Bank of Canada increased their target price on shares of ATCO from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a research report on Tuesday, August 6th. CIBC lifted their price objective on ATCO from C$49.00 to C$51.00 and gave the company an “outperform” rating in a research report on Tuesday, August 6th. BMO Capital Markets boosted their target price on ATCO from C$50.50 to C$52.50 in a research note on Thursday, September 5th. Scotiabank raised their price target on ATCO from C$43.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Finally, National Bankshares boosted their price target 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. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.