ATS (TSE:ATS) Stock Price Expected to Rise, TD Securities Analyst Says

ATS (TSE:ATS - Free Report) had its price target increased by TD Securities from C$56.00 to C$58.00 in a report released on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Raymond James lowered their price objective on shares of ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th. Royal Bank of Canada decreased their target price on shares of ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. Finally, Stifel Nicolaus decreased their target price on shares of ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$52.67.

ATS Price Performance

Shares of ATS traded up C$0.06 during mid-day trading on Friday, hitting C$41.78. The company's stock had a trading volume of 115,004 shares, compared to its average volume of 277,421. The firm has a 50-day moving average price of C$41.90 and a 200 day moving average price of C$40.50. The stock has a market capitalization of C$4.06 billion, a price-to-earnings ratio of 22.83 and a beta of 1.36. ATS has a fifty-two week low of C$33.47 and a fifty-two week high of C$55.45.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.