ATS Automation Tooling Systems (ATA) Price Target Increased to C$19.00 by Analysts at Scotiabank
ATS Automation Tooling Systems (TSE:ATA) had its target price raised by stock analysts at Scotiabank from C$16.50 to C$19.00 in a report issued on Friday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s price objective points to a potential upside of 17.21% from the company’s previous close.
Separately, TD Securities increased their price objective on ATS Automation Tooling Systems from C$15.00 to C$17.00 and gave the company a “buy” rating in a report on Thursday, November 9th.
ATS Automation Tooling Systems (ATA) traded up C$0.29 during mid-day trading on Friday, hitting C$16.21. The stock had a trading volume of 365,117 shares, compared to its average volume of 165,271. The firm has a market capitalization of $1,500.00, a P/E ratio of 37.70 and a beta of 0.93. ATS Automation Tooling Systems has a 1-year low of C$11.23 and a 1-year high of C$16.30.
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ATS Automation Tooling Systems Company Profile
ATS Automation Tooling Systems Inc provides factory automation solutions worldwide. It is involved in the planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. The companys products include ATS Supertrak, a modular conveyor system; ATS850 clean room conveyor for applications requiring reliability, cleanliness, and non-contact queuing; ATS OmniTrak optimal solution; and LogiTrack automated electrified monorail for transporting heavy workloads through assembly operations.
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