Analysts Set ATS Co. (TSE:ATS) PT at C$54.29

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

ATS has been the topic of a number of research analyst reports. Raymond James reduced their target price on ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. Royal Bank of Canada reduced their price objective on ATS from C$52.00 to C$48.00 in a research note on Thursday, November 7th. Cormark lowered their target price on ATS from C$59.00 to C$56.00 in a research note on Friday, August 9th. TD Securities reduced 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 note on Friday, November 8th. Finally, Stifel Nicolaus decreased their price target on shares of ATS from C$58.00 to C$52.00 in a report on Thursday, November 7th.

ATS Trading Down 2.2 %

Shares of TSE:ATS opened at C$39.61 on Friday. The firm has a 50 day moving average of C$40.06 and a 200-day moving average of C$41.47. ATS has a 12 month low of C$33.47 and a 12 month high of C$60.01. The stock has a market capitalization of C$3.85 billion, a PE ratio of 22.00 and a beta of 1.36.

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.