ATCO Ltd. (OTCMKTS:ACLLF) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of ATCO Ltd. (OTCMKTS:ACLLF) have been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

A number of equities analysts recently commented on the company. TD Securities upgraded ATCO from a “hold” rating to a “buy” rating in a report on Wednesday. Scotiabank restated a “sector perform” rating on shares of ATCO in a research note on Tuesday, July 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of ATCO in a research report on Thursday, July 30th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a report on Thursday. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of ATCO in a report on Friday, July 17th.

ATCO Stock Performance

Shares of ACLLF opened at $55.72 on Monday. The company’s 50-day moving average price is $53.49 and its 200 day moving average price is $52.11. ATCO has a 12-month low of $36.00 and a 12-month high of $58.91.

About ATCO

ATCO Ltd. is a Canadian diversified infrastructure and services company headquartered in Calgary, Alberta. Through its businesses and operating subsidiaries, the company provides utility infrastructure, energy services, modular buildings, workforce accommodations, logistics, and facility-management solutions to customers in Canada and international markets.

ATCO’s principal activities include electricity and natural gas transmission and distribution, energy infrastructure, and related utility services.