ATS Co. (TSE:ATS) Receives Average Rating of “Moderate Buy” from Brokerages

ATS Co. (TSE:ATS) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$54.29.

Several research firms have recently commented on ATS. Stifel Nicolaus decreased their price objective on ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. Royal Bank of Canada decreased their price target on shares of ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th. TD Securities dropped their price objective on shares of ATS from C$63.00 to C$57.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. Finally, Raymond James decreased their target price on shares of ATS from C$52.00 to C$48.00 in a research report on Thursday, November 7th.

ATS Trading Up 1.1 %

ATS opened at C$44.32 on Friday. The company has a fifty day moving average price of C$42.95 and a two-hundred day moving average price of C$41.22. ATS has a 1-year low of C$33.47 and a 1-year high of C$60.01. The company has a market cap of C$4.31 billion, a P/E ratio of 24.22 and a beta of 1.36.

ATS Company Profile

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.