ATS Co. (TSE:ATS - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$54.29.
A number of equities analysts have recently weighed in on the stock. TD Securities cut their price objective on shares of ATS from C$63.00 to C$57.00 and set a "buy" rating for the company in a research report on Friday, November 8th. Royal Bank of Canada cut their price target on ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. Stifel Nicolaus decreased their price objective on ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. Finally, Raymond James lowered their price objective on ATS from C$52.00 to C$48.00 in a research report on Thursday, November 7th.
Check Out Our Latest Stock Analysis on ATS
ATS Stock Performance
ATS stock traded down C$1.48 during trading on Friday, hitting C$43.27. The stock had a trading volume of 179,987 shares, compared to its average volume of 245,891. 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$4.21 billion, a price-to-earnings ratio of 23.64 and a beta of 1.36. The company's 50 day moving average price is C$42.95 and its two-hundred day moving average price is C$41.22.
About ATS
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Get Free ReportATS 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.
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