ATCO Ltd. (OTCMKTS:ACLLF) Given Consensus Recommendation of “Hold” by Brokerages

ATCO Ltd. (OTCMKTS:ACLLF) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company.

ACLLF has been the topic of a number of research reports. TD Securities reiterated a “hold” rating on shares of ATCO in a research report on Friday, May 8th. BMO Capital Markets restated an “outperform” rating on shares of ATCO in a report on Thursday, May 7th. Scotiabank restated a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. Royal Bank Of Canada restated a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a report on Monday, April 20th.

ATCO Trading Up 1.4%

ATCO stock opened at $52.27 on Friday. ATCO has a 12-month low of $34.71 and a 12-month high of $52.27. The firm’s fifty day moving average is $50.54 and its 200 day moving average is $46.79.

About ATCO

ATCO Ltd. is a diversified Canadian holding company headquartered in Calgary, Alberta, with operations spanning structures and logistics, utilities, energy, and retail energy services. Through its Structures & Logistics division, ATCO designs, manufactures and rents modular buildings, workforce housing and specialized structures for industrial, military and commercial clients. Its Utilities business encompasses electricity generation, transmission and distribution, as well as natural gas transmission and distribution networks that serve residential, commercial and industrial customers across multiple regions.

In its Energy division, ATCO develops and operates oil sands cold flow projects, power generation facilities and natural gas liquids pipelines, offering integrated solutions to the upstream and midstream sectors.