ATCO Ltd. (OTCMKTS:ACLLF) Given Average Rating of “Hold” by Brokerages

ATCO Ltd. (OTCMKTS:ACLLF) has been given a consensus rating of “Hold” by the six brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Several brokerages recently commented on ACLLF. Scotiabank reissued a “sector perform” rating on shares of ATCO in a report on Thursday, May 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of ATCO in a research note on Thursday, May 7th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ATCO in a research report on Thursday, May 7th. TD Securities reissued a “hold” rating on shares of ATCO in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of ATCO in a research note on Monday, April 20th.

ATCO Price Performance

Shares of OTCMKTS:ACLLF opened at $52.03 on Friday. The company has a 50 day moving average of $50.85 and a 200-day moving average of $47.27. ATCO has a twelve month low of $34.71 and a twelve month high of $52.59.

About ATCO

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.