ATCO Ltd. (OTCMKTS:ACLLF) Receives Average Rating of “Hold” from Analysts

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have been assigned a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several research firms recently issued reports on ACLLF. Scotiabank reiterated a “sector perform” rating on shares of ATCO in a report on Tuesday, July 21st. BMO Capital Markets reiterated an “outperform” rating on shares of ATCO in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research note on Friday, July 17th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of ATCO in a report on Thursday, July 30th.

ATCO Price Performance

Shares of ATCO stock opened at $50.85 on Thursday. The firm has a 50 day simple moving average of $54.28 and a 200 day simple moving average of $51.53. ATCO has a fifty-two week low of $34.71 and a fifty-two week high of $58.06.

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.