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

Shares of ATS Co. (TSE:ATS) have been given an average recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is C$54.29.

Several research firms recently issued reports on ATS. Stifel Nicolaus dropped their price objective on ATS from C$58.00 to C$52.00 in a research note on Thursday, November 7th. Royal Bank of Canada reduced their price target on ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. Raymond James reduced their target price on ATS from C$52.00 to C$48.00 in a report on Thursday, November 7th. Finally, TD Securities dropped their price target on 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.

ATS Stock Down 1.8 %

ATS stock opened at C$40.30 on Thursday. ATS has a twelve month low of C$33.47 and a twelve month high of C$60.01. The business has a 50 day moving average of C$42.61 and a 200 day moving average of C$40.86. The firm has a market cap of C$3.92 billion, a PE ratio of 22.02 and a beta of 1.36.

ATS (TSE:ATS) last announced its earnings results on Wednesday, November 6th. The company reported C$0.25 EPS for the quarter, missing the consensus estimate of C$0.34 by C($0.09). ATS had a net margin of 6.10% and a return on equity of 11.30%. During the same period in the prior year, the business posted $0.63 EPS.

About ATS

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.