Share on StockTwits

ATS Automation Tooling Systems (TSE:ATA) was upgraded by investment analysts at TD Securities from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm currently has a C$16.00 price objective on the stock, up from their previous price objective of C$15.00. TD Securities’ target price points to a potential upside of 20.03% from the stock’s previous close.

A number of other analysts have also recently weighed in on ATA. Analysts at Scotiabank cut their price target on shares of ATS Automation Tooling Systems from C$19.50 to C$19.00 in a research note on Thursday, August 14th. They now have a “focus stock” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of ATS Automation Tooling Systems from C$16.00 to C$15.00 in a research note on Thursday, August 14th. They now have a “hold” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of ATS Automation Tooling Systems from C$15.00 to C$16.00 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of C$16.20.

ATS Automation Tooling Systems (TSE:ATA) traded up 1.58% on Tuesday, hitting $13.54. The stock had a trading volume of 200,739 shares. ATS Automation Tooling Systems has a 52 week low of $12.43 and a 52 week high of $16.56. The stock has a 50-day moving average of $14.73 and a 200-day moving average of $14.72. The company has a market cap of $1.232 billion and a price-to-earnings ratio of 20.20.

ATS Automation Tooling Systems (TSE:ATA) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. Analysts expect that ATS Automation Tooling Systems will post $0.63 EPS for the current fiscal year.

ATS Automation Tooling Systems Inc (TSE:ATA) is engaged in providing custom designed, built and installed manufacturing solutions to companies worldwide.

Receive News & Ratings for ATS Automation Tooling Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATS Automation Tooling Systems Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.