ATS (TSE:ATS – Get Free Report) had its price objective decreased by Royal Bank Of Canada from C$41.00 to C$36.00 in a research report issued on Thursday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s target price points to a potential upside of 48.15% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Desjardins cut their price target on ATS from C$52.00 to C$46.00 and set a “buy” rating on the stock in a report on Friday, August 7th. National Bank Financial decreased their price objective on ATS from C$57.00 to C$42.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Stifel Nicolaus decreased their price objective on ATS from C$44.00 to C$41.00 and set a “buy” rating for the company in a report on Thursday. TD Securities cut ATS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 10th. Finally, TD downgraded ATS from a “buy” rating to a “hold” rating and cut their target price for the company from C$49.00 to C$33.00 in a research note on Monday, August 10th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$36.06.
View Our Latest Research Report on ATS
ATS Price Performance
Shares of ATS stock traded down C$0.29 during trading hours on Thursday, reaching C$24.30. The stock had a trading volume of 381,272 shares, compared to its average volume of 319,049. The firm has a market capitalization of C$2.38 billion, a PE ratio of 50.62 and a beta of 0.96. The firm has a 50-day simple moving average of C$26.32 and a 200-day simple moving average of C$36.65. ATS has a twelve month low of C$23.84 and a twelve month high of C$49.48.
ATS (TSE:ATS – Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported C($0.05) earnings per share (EPS) for the quarter. ATS had a net margin of 1.61% and a return on equity of 2.66%. The firm had revenue of C$665.77 million for the quarter.
About ATS
ATS Corporation is an industry-leading automation solutions provider to many of the world’s most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, industrial and consumer, and energy.
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