ATCO Coverage Initiated at BMO Capital Markets (ACO.X)
Equities research analysts at BMO Capital Markets initiated coverage on shares of ATCO (TSE:ACO.X) in a research note issued to investors on Tuesday. The firm set a “market perform” rating and a C$54.00 price target on the stock.
A number of other analysts have also recently weighed in on ACO.X. Analysts at CIBC cut their price target on shares of ATCO from C$55.00 to C$53.00 in a research note on Monday. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of ATCO in a research note on Monday, April 28th. Finally, analysts at TD Securities raised their price target on shares of ATCO from C$58.00 to C$60.00 in a research note on Monday, April 28th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. ATCO has an average rating of “Hold” and a consensus price target of C$54.00.
ATCO Ltd. is engaged in structures and logistics, utilities, energy and technologies. The Structures & Logistics segment includes the manufacture, sale and lease of transportable workforce housing and space rentals products.
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