ATCO Ltd. (OTCMKTS:ACLLF) Receives Consensus Recommendation of “Hold” from Analysts

ATCO Ltd. (OTCMKTS:ACLLF) has been assigned an average recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

ACLLF has been the subject of several analyst reports. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a research report on Tuesday, July 21st. BMO Capital Markets restated an “outperform” rating on shares of ATCO in a research report on Thursday, May 7th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of ATCO in a research note on Thursday, May 7th. TD Securities reiterated a “hold” rating on shares of ATCO in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research report on Friday, July 17th.

ATCO Stock Performance

Shares of OTCMKTS ACLLF opened at $56.69 on Wednesday. The company has a 50 day simple moving average of $52.13 and a 200-day simple moving average of $48.77. ATCO has a 1 year low of $34.71 and a 1 year high of $57.09.

ATCO Company Profile

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.