ATS (TSE:ATS) Price Target Cut to C$54.00 by Analysts at TD Securities

ATS (TSE:ATS) had its price target decreased by TD Securities from C$58.00 to C$54.00 in a research note released on Monday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, Scotiabank set a C$43.00 price objective on shares of ATS and gave the stock a “hold” rating in a report on Tuesday, April 29th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$50.17.

ATS Trading Up 0.2%

TSE ATS opened at C$39.24 on Monday. The firm has a market cap of C$3.86 billion, a price-to-earnings ratio of 43.23 and a beta of 1.36. The company has a 50 day moving average of C$35.93 and a 200-day moving average of C$39.76. ATS has a 1-year low of C$29.81 and a 1-year high of C$48.19.

ATS Company Profile

ATS Corp formerly, ATS Automation Tooling Systems Inc is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company’s products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products.