ATS (TSE:ATS) Given New C$54.00 Price Target at TD Securities

ATS (TSE:ATS) had its target price dropped by research analysts at TD Securities from C$58.00 to C$54.00 in a research report issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 37.90% from the company’s previous close.

Separately, Scotiabank set a C$43.00 target price on ATS and gave the stock a “hold” rating in a research note on Tuesday, April 29th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$50.17.

ATS Stock Up 4.0%

Shares of TSE ATS opened at C$39.16 on Monday. The firm has a market capitalization of C$3.85 billion, a P/E ratio of 43.14 and a beta of 1.36. The stock’s 50-day simple moving average is C$35.93 and its two-hundred day simple moving average is C$39.79. ATS has a twelve month low of C$29.81 and a twelve month high of C$48.19.

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.