ATS Co. (TSE:ATS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

ATS Co. (TSE:ATS) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$54.29.

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

ATS Trading Down 1.7 %

Shares of TSE:ATS opened at C$43.58 on Friday. The stock has a market capitalization of C$4.24 billion, a PE ratio of 23.81 and a beta of 1.36. ATS has a 1 year low of C$33.47 and a 1 year high of C$60.01. The firm has a fifty day moving average price of C$43.02 and a 200 day moving average price of C$41.20.

About ATS

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.