ATS Automation Tooling Systems Inc. (ATA) Given Consensus Recommendation of “Buy” by Brokerages
ATS Automation Tooling Systems Inc. (TSE:ATA) has been assigned a consensus rating of “Buy” from the six analysts that are covering the stock. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$12.42.
A number of research analysts recently weighed in on ATA shares. Scotiabank reissued an “outperform” rating and issued a C$13.00 target price on shares of ATS Automation Tooling Systems in a report on Thursday, September 8th. TD Securities reissued a “hold” rating and issued a C$11.50 target price on shares of ATS Automation Tooling Systems in a report on Thursday, August 18th. Finally, Paradigm Capital raised shares of ATS Automation Tooling Systems from a “sell” rating to a “hold” rating and raised their target price for the company from C$8.00 to C$10.00 in a report on Thursday, August 18th.
Shares of ATS Automation Tooling Systems (TSE:ATA) traded down 0.35% on Tuesday, reaching $11.51. 47,904 shares of the company’s stock traded hands. The firm has a market cap of $1.06 billion and a P/E ratio of 25.58. ATS Automation Tooling Systems has a 12-month low of $8.29 and a 12-month high of $14.25. The stock has a 50-day moving average of $10.99 and a 200 day moving average of $10.55.
About ATS Automation Tooling Systems
ATS Automation Tooling Systems Inc (ATS) is an automation solutions provider. The Company is engaged in planning, designing, building, commissioning and servicing automated manufacturing and assembly systems, including automation products and test solutions. The Automation Systems segment designs and builds custom-engineered automated manufacturing and test systems, and provides pre-automation and post-automation services.
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