ATCO (OTCMKTS:ACLLF – Get Free Report) is projected to announce its results before the market opens on Friday, November 6th. Analysts expect the company to post earnings of $0.6670 per share and revenue of $913.91 million for the quarter.
ATCO Stock Up 1.3%
Shares of ATCO stock opened at $60.47 on Wednesday. The company has a fifty day moving average of $54.42 and a 200 day moving average of $51.14. ATCO has a fifty-two week low of $37.37 and a fifty-two week high of $60.48.
Analysts Set New Price Targets
Several brokerages have recently commented on ACLLF. Royal Bank Of Canada restated a “sector perform” rating on shares of ATCO in a research report on Thursday, October 8th. BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research report on Thursday, July 30th. TD Securities raised ATCO from a “hold” rating to a “buy” rating in a research note on Wednesday, October 7th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a report on Friday, July 17th. Finally, Scotiabank restated a “sector perform” rating on shares of ATCO in a research note on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on ATCO
ATCO Company Profile
ATCO Ltd. is a diversified Canadian company headquartered in Calgary, Alberta. Through its subsidiaries and business units, the company develops, owns and operates infrastructure and provides services supporting communities, businesses and industries.
ATCO’s activities include electricity generation, transmission and distribution; natural gas transmission, storage and distribution; and energy infrastructure development. The company also provides modular buildings, workforce accommodations, logistics and site-support services through its Structures & Logistics operations, as well as facility operations and maintenance services through its broader infrastructure and support-services businesses.
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