ATS Co. (TSE:ATS) Given Consensus Rating of “Moderate Buy” by Brokerages

ATS Co. (TSE:ATS) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, 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 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$54.29.

Several research analysts have weighed in on ATS shares. Stifel Nicolaus lowered their price target on shares of ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th. Royal Bank of Canada lowered their target price on ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th. TD Securities reduced their price target on ATS from C$63.00 to C$57.00 and set a “buy” rating for the company in a research note on Friday, November 8th. 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.

ATS Stock Performance

Shares of TSE:ATS opened at C$44.70 on Wednesday. ATS has a 52-week low of C$33.47 and a 52-week high of C$60.01. The company has a market capitalization of C$4.34 billion, a P/E ratio of 24.43 and a beta of 1.36. The company has a 50-day simple moving average of C$42.01 and a 200 day simple moving average of C$41.23.

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.